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when studying the currency

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sam

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May 11, 2013, 1:34:09 PM5/11/13
to
;-))

it should be useful to elaborate the sustainability of the currency
differently;
Therefore this extract is appropriate
Gold is also in an interesting position, as the
yellow metal hovers around a sticking point (USD1650).
But the aussie
managed to claw back some losses (around 5%) and pushed through 1.0400
against the dollar.
XAUUSD has traded in a fairly tight range all week �
except for a slid last night to around 1634.34
Gains in the FX market were
more muted than equities, with the dollar index barley falling as investors
clearly remain wary of risk currencies.
The improved assessment helped to
support overall risk sentiment.
EUR/USD remained above the significant 1.30
figure and currently trades around its 100-day SMA which is around 1.3130.

The lack of market moving data may keep a few investors in Asia on the
sidelines given the nervousness in the market surrounding tomorrow�s Spanish
bond auction.
� between around 1640.80-1658.01. If the pair breaks through
the top of this trading band it may find resistance around 1663.26-1664.04.

EUR/USD remained above the significant 1.30 figure and currently trades
around its 100-day SMA which is around 1.3130.
The improved assessment
helped to support overall risk sentiment.
The IMF raised its world growth
projection to 3.5% in 2012 from the prior estimate of 3.3% with the U.S.
economy expected to grow at 2.1% this year from the prior 1.8% forecast.

When evaluating the exchange , this site gives some ideas http://usbms.sourceforge.net
ciao
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