Archive for the 'gold prices' Category

The Greenback’s Bearish Move is Back.

Thursday, June 19th, 2008

Yesterday, the USD lost grounds against most of its rival currencies but remained within its recent range. The recent USD weakness has been caused by some traders’ renewed expectations for higher U.S. interest rates after contradictory U.S. economic data. The greenback continues with bearish momentum following Tuesday’s losses, which resulted by the Housing Starts’ plunge […]

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