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Wednesday, March 28, 2007
EUR/USD: Makes Marginal New High before Dip
USD/CAD made a marginal new high for the move at 1.3373 but was unable to sustain the new highs and quickly dipped back into the high 1.3350s. Dips have been limited thus far as EUR/JPY short-covering has helped cushion the pullback. It trades now at 1.3361.
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