The Australian Dollar fell as the RBA moved to reduce the size of weekly QE asset purchases while talking up a stronger-than-anticipated economic recovery.

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Gold prices traded at two-week highs as a weaker US Dollar bolstered the appeal of the yellow metal. The MACD indicator formed a bullish crossover, hinting at further price gains.

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USD/JPY had been in a narrowing range the past few years, and on that was a chart that had been of interest for some time for the very reason that it hadn't been of much interest to the broader mar…

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