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Positioning on major forex is increasingly a “fear trade”
Positioning on major forex is increasingly a “fear trade”

High volatility is pushing traders into safe-haven positions. The US dollar and Japanese yen are strong performers, at the expense of higher risk plays.

Espresso Morning Call: USD positive bias as yields creep up
Espresso Morning Call: USD positive bias as yields creep up

There has been more of a sense of uncertainty in markets early this week, but there is a creep higher in US bond yields which is helping the USD to perform better today. This is weighing on precious metals and equities.

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