New York Session |
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The buck extended gains against most of the majors in the NY session as optimism that the government bailout will be passed soon seemingly helped matters. Moreover, the market looks to be positioning ahead of what looks likely to be a rather dovish post-ECB press conference from Trichet tomorrow. EUR/USD took it on the chin and fell more than -65 pips in the span to a close just above the 1.4010 mark. GBP/USD was clobbered more than -80 pips towards the 1.7705/10 area as
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