Daily Forex Overview |
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Previous session overview On Tuesday, the dollar staged a strong rally as a top Federal Reserve official said interest rates may soon need to be lifted and oil prices dropped by about USD3 a barrel. U.S. Treasury Secretary Henry Paulson repeated that a strong dollar is important for the nation's interests, which provided background support for the U.S. currency. The Euro has weakened against the US dollar despite hawkish comments from ECB officials. Falling oil and concerns over the Euro
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