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Gold Strikes New Highs Above $1215
12/02/09 by Daily Forex Snapshots
Filed under Forex & Futures
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Asian equities have gained for a third straight day as worries over Dubai’s debt crisis have dissipated and the global recovery remains on track. The corresponding USD weakness has led EURUSD to retest 1.5100 levels, and most notably, pushed gold emphatically through the $1200 psychological barrier to touch highs of $1215.75.
Yesterday’s European PMI data was broadly better than expected,… |
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