Asia Session |
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Asia came in to a bit of relief. After a few weeks of unprecedented moves in the financial markets, markets were relatively tame today albeit still choppy. JPY crosses gapped lower from Friday after bouncing with US equities. Part of the reason was that there is still some uncertainty concerning the details of the bailout package. There was also some interest to sell the USD as EUR/USD finally rallied through 1.4500. The thinking with the USD is that the injection
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