Return of US dollar, end of gold run | ummid.com
Better than expected non-farm payrolls data, housing starts and a good start to the earnings season are also contributing to the up move of the greenback. The weakness in the Euro due to weak PMI data, lowered forecast by the ECB of the Eurozone GDP growth to -0.4 percent from 0 percent in 2013 and the upcoming German elections are also adding to dollar strength.
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