Daily Archives: February 1, 2011

Dollar bulls running scared

EUR and GBP test key resistance
Middle East tensions reducing
SNB’s Jordan talks down franc again Continue reading

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The Dollar continues to weaken. RBA keeps policy unchanged.

The dollar continued to weaken during the Asia session as yesterday’s risk-averse mood prompted by escalating tensions in Egypt subsided. The RBA kept both its policy rate and policy stance unchanged. EURUSD traded 1.3663-1.3730, USDJPY 81.76-82.15. Continue reading

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