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Wednesday, September 29, 2010

US dollar may rebound against majors

Wednesday, September 29, 2010
 US dollar may rebound against majorsThe US dollar may rebound against majors after the dollar index fell to the lowest level in eight months as depicted by momentum indicators. The dollar index, which tracks the dollar performance versus six major currencies, plummeted to a low of 78.61 but rebounded to 78.85. Stochastic Oscillator momentum indicator is bullish signs as the dollar is

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