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Flash: Yen benefits from risk aversion - Scotiabank

FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank was noting the Yens strength.

Key Quotes

"JPY is strong, outperforming all the primary currencies as risk aversion spikes higher and JPY’s safe haven status takes over. "

EUR/USD stabilizing around 1.3730

The shared currency is now looking to consolidate ground vs. the greenback, with the EUR/USD sidelining around 1.3735/30...
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Gold rises to 4-month highs, above $1,350

Gold soared on Monday and peaked during the American session at $1,354.55, hitting the highest price since October 30, 2013. The yellow metal jumped as the crisis in Ukraine escalated.
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