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FX Market Attention Turns To Bernanke Speech At Jackson Hole
Friday marked another volatile day for traders, as continuing equity market weakness pushed USDJPY to fresh record lows of 75.96 and gold surged to new all-time highs. At the start of this week, USDJPY’s moves have been countered by renewed verbal intervention from Finance Minister Noda, but gold’s rally has continued unabated, hitting $18950 in early European trade today and looking very... ...More...
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