The USD is stronger this morning as markets digest the long-term implications of ongoing central bank support for the US and euro zone economies. Equities posted losses in Asian and European trade, and have opened lower in North America.
The EUR has weakened from its four-month highs but is holding above the 1.3000 mark against the USD. Oil is lower again today, sitting below $96.00 a barrel, and gold is up, testing the $1770-per-ounce level. The Canadian dollar is flat from yesterday against its American counterpart, with USDCAD sitting in the mid-0.9700 area.
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