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The softer risk tones continue to play as we turn to the start of European morning trading, helping to support the dollar and the yen slightly for the time being.
Asian stocks continue to fall, with US futures contracts also down about 0.2% currently after another difficult session for European and US stocks trading yesterday.
The Aussie was the worst performer to start the day, weighed by an overall report on softer jobs earlier, with the current mood of risk not helping much.
It will be a big test today for dip buyers in the market and the 2,800 level of the S&P 500 will be the key to watch before closing. Is this the start of a slowdown or just another minor hiccup in the higher march for risky trades?
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