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Events in Greece Hurt Risk Appetite
The optimism surrounding the Greece situation slowly eroded as market digested the events of last week and determined that they lacked substance. EURUSD traded down from 1.4300 to 1.4194, while AUDJPY our carry and risk indicator, broke 84.35—a close below will point to deeper correction in the pair and risk correlated trades. On Friday, markets had finally received some positive headlines out... ...More...
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