Dollar Finds Support |
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Dollar Finds Support After its steep losses last week, the dollar was higher Monday as it found support against most major currencies and equity prices stabilized. The yen was little changed as US stocks finished mixed following last week’s steep equity sell-off. The Australian dollar fell after reaching resistance and a marginally new 25-year high of 0.9666. The Reserve Bank of Australia is expected to maintain its key interest rate at 7.25%. The USD/CAD rose the most since March on concerns
Filed under: Technical
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