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Pressure on Europe Continues
Events in Europe continue to pressure risk appetite at the opening of the week. Asian regional equity indexes were severely underwater, while European stocks are not fairing much better. FX was in pure risk off mode, with EURUSD slipping below the 1.4000 handle and our barometer for risk appetite AUDJPY falling sharply to 85.71 from 87.15. EURCHF dropped to new all time lows hitting 1.2348. ... ...More...
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