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Contributors Forex Trading Weekly Forecast – 10.12.2012

Even the most optimistic investor has to be nervous about the state of risk appetite. This past week, the benchmark US equity indexes broke critical levels of support and plunged to three-month lows. A turn here speaks to the kind of concern that not even a central bank guarantee can prevent. Under this kind of pressure, we would expect the Forex market’s preferred safe haven currency (the US dollar) to surge. So why hasn’t it taken off yet?

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