Daily Forex Overview |
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Previous session overview On Thursday, the dollar rallied across the board, rebounding from sharp losses that accumulated since the start of the week, on a surge in U.S. stocks when crude oil futures dove more than USD5 on the day. In comments in an interview, ECB President Jean-Claude Trichet said there is a risk of a wage-price spiral developing in the euro zone. The euro also capitalized against the yen on the bounce to market sentiment. EURUSD bulls and bears are locked in a tight battle
Filed under: Fundamental
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