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Daily Forex Report – USD lower, Bernanke says rates to stay low, stocks rally

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USD: Lower, new home sales declined by 11.2%, Bernanke says rates to stay low for an extended period JPY: Higher, exports rise, safe haven demand as Asian equities decline EUR: Higher, EU industrial orders rise,ECB’s Gonzalez-Paramo downplays risk of contagion from Greece GBP: Mixed, BOE’s Posen said he expects UK inflation to remain subdued, QE will be expanded [...]

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