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AUD/JPY, as a gauge of risk, is forecasting something ominous in Syria

FXstreet.com (Barcelona) – The AUD/JPY has been weak for four months now, but a nascent corrective rally that started back on 8/7 is being cut short by an increase of safe-harbor Yen buying resulting from concerns in Syria.

The threat of military escalation by the US has the world on edge

Rumors of chemical weapon use by Syria were bad enough. But evidence of their use may soon be discovered by UN inspectors on the ground – which would only serve to confirm the evidence that was made public via social media outlets over the weekend.

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