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FOREX: Dollar Climbs Against the Euro but Left Adrift Everywhere Else

Once again, we would have do take a more critical look at the US dollar to assess its performance Monday. An overdue correction from EURUSD seems to signal a robust performance from the individual currency. It was the first advance for the greenback in this benchmark pair in six active trading sessions; and given this particular pair’s weight in the Dollar Index, the composite would similarly show a meaningful bounce for the dollar.

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