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Video: FX Update - The stagflation trade

The USD is getting little respect despite risk aversion because of the intrusion of the new staglation theme that has reared its ugly head due to the spike in crude oil prices. Today we discuss what this means for the major currencies going forward.

18:16 minutes
Tags: AUD, BOE, ECB, EUR, FOMC, Fed, Hoenig, JPY, Libya, NZD, Plosser, USD, crude, forex, johnjhardy, reutersfx, stagflation

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