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Dollar Pares Gains On Oil Surge and Weak Data
Published by
InformedTrades
04-25-2008
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Dollar Pares Gains On Oil Surge and Weak Data
Dollar Pares Gains On Oil Surge and Weak Data
The US dollar continued to rise against the Euro on Friday despite very weak consumer confidence data. EUR/USD fell more than 100 pips from yesterday’s mid-1.5600, past expected bear target of 1.5600 to a session low of 1.5550 today.
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