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[QUOTE="Pinalli, post: 2427, member: 518"] The US Dollar gained broadly on Monday after several down sessions towards the end of last week. Investors were digesting the US unemployment report which initially were seen to have come in better than expected, and the results of the stress test which showed that 10 major banks need to raise more capital in order to stave off insolvency. The risk rally that resulted from the seemingly positive numbers last week stalled after HSBC Bank said that while their first quarter profits were up, they would have been down had it not been for new reporting rules which allowed them to exclude certain investments. This brought a reality check to investors who were celebrating the end the recession. At 11:00PM GMT, the Dollar was up .39% to the Euro to 1.358, down 1.12% to the Japanese Yen to 97.35, up .77% to the British Pound to 1.5114, up 1.4% to the Canadian Dollar to 1.1656, up 1.25% to the Australian Dollar to .7588 and up .4% to the Swiss Franc to 1.1091. [/QUOTE]
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