Forex and Gold Mid Week Report 03 April 2013-ISMARFinancial

The U.S. dollar traded largely higher against most major currencies in a risk-off trading session on Monday after data released earlier revealed that European unemployment rates hit a record high in February, which sent investors chasing safe-haven dollar positions.

Gold prices dropped in U.S. trading on Tuesday as investors sold the precious metal for profits and chased the greenback, which trades inversely from gold.

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