FX Weekly: 11th October 2010

 RBA left interest rates unchanged, underscoring the fragile state of the global recovery

 The US Dollar maintained its freefall alongside rising equity markets; Q3 earnings results yet to make an impact

 Gold prices set another lifetime high of $1,364, helped by USD weakness and fears of multiple currency debasement

 IMF talks over the weekend led to more questions than answers as G20 disagreement over currencies intensified. FX volatility should rise in the coming weeks alongside political indecision and market uncertainty




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