28.09.2012 - Euro perkier, commodity currencies shine
The euro held firm on Friday, while commodity currencies started Asian trade sharply higher as worries about the euro zone eased somewhat after Spain unveiled a crisis budget that many saw was a step towards a bailout. The single currency stood at $1.2911, having bounced from a two-week low of $1.2828 set on Thursday. Initial resistance is seen at $1.2960, the 38.2 percent retracement of its Sept 17-27 slide...............................................Full Article: Source
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