US Session: Dollar Strengthens Broadly on Improving Consumer Sentiment as Gold Slumps and Euro under Pressure by Record Weak Eurozone Output Data
June 12th, 2009 • Related • Filed Under
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The dollar pared losses from the previous session and extended gains across the board as gold plummeted to $938oz and investors took profits on the dollar’s recent decline. The EurUsd fell 134pips testing 1.39 as a point of resistance, while the UsdJpy rose to 98.29 level after reaching 98.42 earlier. The GbpUsd saw a correction after testing the 1.66 level yesterday, tumbling to $1.6379. U.K…. | ||||||||||||||||||||
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