Daily Video Recap (6/21): Early Risk Appetite Sours

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Uploaded by on Jun 21, 2010

Currency markets moved in favor of "risk-on" trades as China announced that it would allow the yuan to go back to a managed float. However, risk sentiment soured as Europe sovereign debt fears made a comeback amidst a downgrade of a European bank. The Dow Jones index early triple digit gains turned to a loss and risk was sold off.

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News & Politics

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