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In the broadcast today: Will the USD Win the Safe Haven Contest Against the JPY and CHF? In the current risk-averse environment that has once again started the contest between the USD, the JPY and the CHF as the preferred safe haven currencies, we examine the potential for the USD to re-establish its safe-haven status and explore some of the contributing factors that may lead to further strength of the Greenback, we analyze the latest developments with the major currency pairs and the market’s reaction to the Reserve Bank of Australia’s interest rate announcement, the German Manufacturing Orders, and the U.K. Industrial Production, we discuss new forecasts from Deutsche Bank, Bank of New York-Mellon, Royal Bank of Scotland and Bank of Tokyo-Mitsubishi, and prepare for the trading session ahead.
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