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US dollar to remain strong vs. major currencies in 2013

Posted on 02 January 2013

The US dollar ended mixed against major currencies on the last trading day of 2012 after President Barack Obama said an agreement to avert the “fiscal cliff” was “within sight” but “not done” yet.
In late New York trading on Monday, the euro was traded around $1.3190 and the dollar bought about 86.7 Japanese yen. For the whole year of 2012, the euro has gained 1.8 percent against the dollar this year, despite lingering worries over eurozone debt crisis and mainly boosted by a series of good news from Europe recently………………………………………..Full Article: Source


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