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A tidal wave of risk aversion threatens to engulf financial markets as new coronavirus cases surge in the United States and Europe. On top of this, the US stimulus saga and uncertainty it presents continues to drain investor confidence – ultimately fuelling the risk-off vibe.Our currency spotlight this week shines on the Japanese Yen which has been labelled a trader’s best friend in times of uncertainty. However, Yen bulls seem to be missing in action this morning despite the gloomy mood. Although the currency has weakened against most G10 majors excluding the Dollar, the Yen still has a... Read More
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