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Friday, September 29, 2006

EUR/USD Back to 1.27 levels

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EUR/USD Back to 1.27 Levels
Gold pushing lower to 590 levels, where we mentioned risks for it to move lower after crossing 200 MA - 598.
However, Another reason for drop is due to Crude Oil Down Fall as well.
Crude Oil is Down $1.12 on word that there will be no OPEC press conf. and, apparently, no significant production cuts by that body.

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