Forex and Gold Daily Report 21 February 2013-ISMAR Financial

The dollar rose against most major currencies on Wednesday after the Federal Reserve released the minutes of its latest monetary policy meeting, which revealed monetary authorities are growing more divided as to when to wind down stimulus measures.

Gold prices dropped to 6-month lows on Wednesday after investors flocked to the safety of the deep and liquid dollar to await the release of the Federal Reserve’s minutes from its latest monetary policy meeting.

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