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October 1, 2012

EUR fades back, AUD eyeing RBA

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A wild ride for the EUR/USD this Monday, with the pair having been as low as 1.2803 in early Asia, only to soar to 1.2938 on US opening. While news in Europe were far from encouraging, stocks bounced higher dragging dollar lower across the board. Improved US macro readings boosted the dollar selling... FF News: Technical

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