Forex and Gold Daily Report 08 January 2013

The dollar fell against most of its peers on Monday as investors sold the unit for profits opting for other safe-haven venues such as the yen to map out strategies to deal with fiscal and monetary uncertainties building in the U.S.

Gold futures swung between modest gains and losses during U.S. morning hours on Monday, as Friday’s modest U.S. nonfarm payroll data dampened speculation that the Federal Reserve may end its quantitative easing program before the end of the year.

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