New York Session |
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The greenback extended gains once again in the NY session as US stocks rallied while oil trended lower. Equities managed to eke out a 0.6% gain despite terrible earnings from a major US investment house. Oil meanwhile ignored worse than expected inventory numbers -- which showed a -5.8M draw in the latest week -- and sank about $1 towards a close just under the $103 mark. EUR/USD charted new territory by sinking below the 1.40 mark for the first time in nearly one year. The
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