Mid-Day Forex Technical Report - Dollar Weakness Continues |
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Action Insight Mid-Day Report Dollar Weakness Continues Dollar remains generally weak across the board in early US session with dollar index pressing 77 level. Most major currencies extend gains against the greenback as expected and such trend will like continue in near term. In particular, the USD/CAD is now trying to take out 1.0410 key near term support level on the back of strength in oil prices. Markets are still accessing the impact of US government's $700b bailout plan to the economy
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