Financial Trading
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Stronger US data meant another decline in higher-risk assets yesterday. However, on the final trading day before the Christmas holidays, there is a more settled feel.
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.
Recent massive selling pressure on cryptos has driven broad risk aversion with flow back into the USD and pulling equities lower. Crypto downside has eased but the negative bias remains.
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