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Market Await Results of Italy's Auction
With the markets completely focused on events in Europe, headlines continued to define FX trends. Risk currencies rallied as there is hope that this week’s EU meeting will bring some solid announcements. A large part of the shift in risk sentiment was due to the speculation that the IMF is considering a financial aid package for Italy. EURUSD was able to rally off the 1.3286 low to 1.3398 while... ...More...
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