Forex and Gold Daily Report for December 14, 2012

The dollar gained against the world’s major currencies on Thursday as market participants looked beyond the Federal Reserve’s plans to expand its quantitative easing program and more towards a U.S. budgetary impasse that could spell recession for the world’s largest economy.

While, Gold prices dropped in U.S. trading on Thursday as investors priced in added Federal Reserve easing measures and sold on fears a budgetary impasse in the U.S. could up the chance of a recession, which stoked demand for the safe-haven dollar.

To download Complete report; CLICK: Forex and Gold Daily Report 14 December 2012 

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