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November 15, 2011

Dollar Gains As European Debt Crisis Intensifies

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The aforementioned and heavily weighted EUR/USD is now trading just above 1.35 and this was the prior swing low point with the 10/11/11 seeing a 1.3482 low before the subsequent 300+ pip rally. Large specs actually decreased bearish bets on the euro according to recent COT report data but the Euro... FF News: Technical

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