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Thursday, 19 April 2012

Gold and the US Dollar on Forex

It is not a novel piece of news to most traders that the US dollar is directly linked to the value of gold in the US, and vice versa. Such knowledge has been vital to the effectiveness of traders in being able to tell which direction the currency may surge in. This is something that needs to be kept in mind where the commodity is concerned, and ultimately it will serve the best interests of those traders who know how to utilize it.

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