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August 5, 2012

EUR/USD steady below 1.24; would QE3 be effective?

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EUR/USD is holding onto last Friday's sharp gains at the weekly opening, starting with a slight gap to 1.2396 from 1.2383 overnight Friday. "The dollar is on the cusp of a break out to the down side against the euro and Swiss franc," says Marc Chandler, Global Head of Currency Strategy at Brown B... FF News: Technical

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