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USDAXJs slide lower was disrupted by the kneejerk jump in
the USD after the EUR and GBP slid on the back of exit polls that showed
a win by the ‘No’ camp. This could set the stage eventually for another
Italian referendum on exiting the EU that could spell the end of the
economic union. However, all of these have proven to be short-lived with
the USD back on the retreat and the impact on the USDAXJs muted as the
outcome had been expected by the market ...
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