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May 1, 2012

USD Index Carving Higher Low, Sterling Correction Under Way

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The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.37 percent higher after moving 99 percent of its average true range, and we may see the greenback consolidate going into the middle of the week as the two-day rally remains overbought. As the 30-minute relative strength index falls back... FF News: Technical

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