Forex and Gold Daily Report 07 March 2013-ISMARFinancial

The dollar was broadly higher against the other major currencies on Wednesday after the release of upbeat U.S. private sector employment data, while investors eyed central bank meetings in Europe and Japan on Thursday.

Gold prices were flat to higher on Wednesday, trading range bound as investors largely brushed off solid private-sector jobs data in the U.S. and waited on the sidelines for the European Central Bank to unveil its latest decision on interest rates and policy language on Thursday.

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