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May 23, 2012

USD Index (USDX) Pushes Above 2012 High; 83.60 In Sight

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Risk aversion continues a firm grip on the markets and the USD continues to gain from safe haven flow. After consolidating briefing below 82.00, the USDX pushes above this resistance and 2012 high and is at the highest level sine September 2010. This coincides with the EUR/USD falling below the 2012... FF News: Technical

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