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The USD see-sawed in range-bound trading conditions on the last day of the month, with the big moves coming on the back of a melt-down in commodity markets. EUR/USD broke above recent range highs around 1.5850, but came up short of making a new all-time high above 1.5905 as oil prices plunged in anticipation that weekly inventory data would show another increase in stockpiles. Oil also came under pressure after Iraqi oil pipelines, that had been sabotaged last week, came on line Read More...
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