New York Session – September 29, 2010 4:09 PM

With no major economic data out of the U.S. today, the dollar continued to trade softer on the back of QE speculation. The dollar index fell to and eight month lows as the prospect of additional easing measures kept pressure on the buck. EUR/USD broke above 1.3600 rising to nearly 1.3645. USD/CHF made new record lows of around 0.9735 and is currently trading around 0.9765. Full text »

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