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Risk aversion rising; Watch AUD

By Jamie Coleman  || January 27, 2010 at 14:10 GMT
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Risk aversion is raising all around as investors flock to fixed income and shed riskier assets. USD/BRL, my proxy for emerging markets, is at its highest level since September.

Stops in AUD around the 0.8930/35 level could come into play if risk aversion rises further.

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