Dollar steady as commodities strengthen |
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The dollar saw stability on Wednesday but was off its recent highs as concerns about the US economy and lifting commodity prices took hold. The Dollar failed to extend gains against the Euro on growing sentiment that the ECB will cut interest rates. It was slightly lower at $1.4764 slightly off its 6 month low of 1.4730 on Tuesday. The Dollar is faring well because there is still concern over economic growth in other countries. The Fed is expected to keep rates unchanged while other central
Filed under: Technical
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