US dollar rebounds on fixing demand ...Middle East

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The US dollar has made a nice comeback today, despite the softer retail sales data. The latest round of bids came ahead of the London fix, so that could have been a driver, especially with a US holiday tomorrow.That said, the bids came early for a fixing trade and the rally in oil prices might have some re-thinking the inflation trade. This article was written by Adam Button at www.forexlive.com.

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