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Thursday, May 25, 2006

EUR/USD Volatile and Sideways

Volatility continues to be felt across asset classes, as the "flight to quality" theme grips markets. Thus far, this safety theme appears to be a neutral to the Dollar, which is trading sideways to many other pairs in recent sessions. Yesterday saw the Dollar selling-off after the soft durable goods report, before bouncing back after the strong new home sales data. Read More....