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Back where we started from...
EUR/USD does a round trip, returning to the 1.3760s where this odyssey began. Did the market just wake up to the fact that Nowotny does not speak for the ECB governing council but is just one member? I have no idea, but here we are. Reuters is attributing the dollar recovery to news that the US Justice Department says it has an active and ongoing criminal probe into currency manipulation. Hogwash. How is that a dollar positive? It is not a positive or a negative. Bids remain at 1.3745/55; stops are at 1.3735/40. USD/JPY has cleared the 98.00 level amid the uptick in volatility with the dollar index making new highs ... (full story)
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- Oct 29, 2013 12:16pm Oct 29, 2013 12:16pm
- klm2020
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- cppolybd
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- Sandy29
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- hkg_paul
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- Spreadbetter
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- k3nshinz3139
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