Daily Forex Overview |
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Previous session overview On Friday, the euro almost hit a record high against the dollar on worries about mortgage giants Fannie Mae and Freddie Mac. A sharp fall in U.S. stocks, along with a fresh record high for crude oil futures on the New York Mercantile Exchange, sent the euro to an 11-week high of USD1.5949 - less than a cent from its record peak of USD1.6020. The Euro made solid gains against the dollar as banking concerns weighed breaking above 1.5900 as Oil and Gold surged higher.
Filed under: Fundamental
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