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Posted: 17 Sep 2012 01:30 AM PDT The euro briefly extended its upward trend against the US dollar when markets opened last night, as risk taking continued to dominate market sentiment following last week's announcement from the Fed of a new round of quantitative easing. The EUR/USD was able to reach as high as 1.3139 during the Asian session, before dropping back to its current level of 1.3120. Both the price of crude oil and gold were largely steady for most of the night, and currently remain near their multi-month highs. Main News for Today |
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