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JPY, CHF review: Western Union

Thursday, March 26, 2015 5:54 PM UTC

This safe haven duo either notched or flirted with one-month highs against the greenback, drawing demand from global uncertainty with confidence on the ebb over the world economy and instability in the Middle East with Saudi Arabia taking military action against Yemen.

Keep an eye on risk sentiment and the performance of global stocks. Elevated volatility would be supportive of safer plays such as the yen and franc.

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JPY, CHF review: Western Union

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