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  1. News in 60 Seconds: EU Aid Package almost $1 trillion! Pledges to Defend the Euro!

    by , 05-10-2010 at 10:47 AM (News in 60 Seconds)
    Biggest % gainers: CAD/JPY up 1.75%, GBP/JPY up 1.64%, NZD/JPY up 1.18%, AUD/JPY on JPY weakness. Yen weakens as the EU bands together to defend the euro.

    Biggest % losers: EUR/GBP down 0.95%, EUR/CAD, AUD/CAD, USD/CAD on CAD strength. Also, the exotics are strong today, bringing down some majors: USD/ZAR down 1.62%, EUR/TRY down 1.45%, USD/TRY down 1.25%.

    Oil $77.04 still sinking...
    Gold $1,200 (still holding about $28 or so from the all time highs!)

    Commodity Currencies (AUD, NZD, CAD, MXN, ZAR) rally as European Aid package helps sentiment in the near term. http://www.dailyfx.com/forex/fundame...s_EU__IMF.html ...
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