Forex and Gold Daily Report 06 February 2013-ISMAR Financial

The dollar was lower against the euro on Tuesday following the release of upbeat euro zone and U.S. service sector data, while the yen and the pound were sharply lower against the greenback.

Gold prices fell on Tuesday as investors sold for profits, wiping out earlier gains stemming from technical buying. Gold prices rose earlier amid technical buying after prices broke above key resistance levels. A rising euro bolstered prices as well.

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