European markets look ready to test a third consecutive session of gains. Trading in Asia was broadly stronger after a three-figure rebound rally in the US on Tuesday. Equity strength in Europe continues to be driven by the financials. Rumor and speculati…
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• Dollar Retreats as Rumor of Financial Aid for Greece Jump Starts Risk Appetite
• Euro: A Greek Bailout Could Stabilize Short-Term Risk Appetite but would it Stabilize the Economy?
• Japanese Yen Preoccupied with Risk Flows but Fundamentals Still a Long-Term Issue
• Australian Dollar Could Keep its Hawkish Policy Advantage as RBA Steven Supports Higher Rates

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A mild correction in the markets is underway, with traders content in buying back into currencies and risk on Tuesday.

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