FX risk trades continue to recover ...Middle East

There are post-attack highs ongoing in cable, the euro and commodity currencies. There is less enthusiasm in stocks, with the S&P 500 stalled and still down 38 points. The market is steadily recovering after the attacks and so far the market is tentatively-optimistic that escalation can be contained.Cable is still in a big hole but it's slowly climbing out.Meanwhile, CAD is now at the highs of the day with the help of a 3% rally in oil. This article was written by Adam Button at www.forexlive.com.

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