Innovation distinguishes you - Freshly Squeezed from Silicon Valley
The greenback fell against its major counterparts after Fed said yesterday that it "will provide additional accommodation if needed" as the recovery and job growth have slowed - damping demand for U.S. assets, but increasing demand for Gold - which rallied to record highs above 1290, where it is conserving gains at time of writing. The euro gained over 200 pips, breaking above interim barrier at 1.3150, aiming last month's top at 1.3330. As mentioned in my yesterday's article - I remain bullish on euro unless weakness to 1.2900 arise.
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