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Thursday, 26 April 2012

DailyFX - Forex Market News: USD Searches For Support Ahead Of 1Q GDP, JPY Outlook Bearish On BoJ

DailyFX - Forex Market News
Forex Market News
USD Searches For Support Ahead Of 1Q GDP, JPY Outlook Bearish On BoJ
Apr 26th 2012, 16:15

The greenback extended the decline from earlier this week, with the Dow Jones-FXCM U.S. Dollar Index slipping to a fresh monthly low of 9,869, and we may see the reserve currency weaken further over the next 24-hours of trading should the 1Q GDP report dampen the outlook for the world’s largest economy.

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