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Market Analysis: The Big Thursday Is Here

by Christala Parmaxi, CFTe Overview Most of the G7 traded on a roller coaster yesterday; we saw EURUSD depreciating by 80 pips within an hour and recovering within the next few hours while at the same period the Cable rose from 1.289 to 1.297 in a range of 80 pips as well. In the meantime, since traders paid attention to more risky currencies, safe haven instruments lost some of their strength closing the day lower against the US Dollar; such as Gold, CHF and JPY. More specifically, the Yen fell against all......

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