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Optimism Over Greek Vote Fades
The USD continues to gain today, as yesterdays FOMC meeting seems to have steered members away from QE3 while sounding somewhat hawkish. EURUSD dropped from 1.4442 pre-meeting highs to 1.4342, while AUDJPY, our carry and risk barometer, continued to consolidate between 84.09 and 86.45. While news flow was light, negative sentiment permeated trading, as the optimism around the Greece vote faded.... ...More...
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