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Contributors Forex Trading Weekly Forecast – 11.19.2012

The momentum that returned the US Dollar Index back above 10,000 was still remarkably less than what this week’s equity drop would usually offer. In fact, most of the dollar’s strength was provided by a 2.4% drop in the yen, while the Euro, Pound Sterling and Australian Dollar held their ground. With both big-ticket risk positive and negative events on the horizon next week, including the next bailout payment for Greece, developments in Israel and ongoing US fiscal cliff concerns, volatility is expected, but major risk pairs may again end the week with no ground gained.

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