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FX Daily Update
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Dollar Could Show Signs of Weakness in the Coming Weeks!
Mon, Nov 17 2008, 10:54 GMT
by Lena Manousarides
FXstreet.com Independent Analyst
Another week has started with G20 not providing any more insight to the markets and therefore risk aversion coming back in the first hours of market opening. EUR/USD opened lower last night and continued to slide in early Asian session. However, after European opening, we saw a great comeback of the euro and the pound, with traders squaring up gains and getting ready for another “wild ride” this week. ....... (continues)