USD Stages Largest Rally Since August- Index Clears Key Resistance

The Dow Jones FXCM Dollar Index (Ticker: a href=”http://www.dailyfx.com/forex_market_news/us-dollar-index/” class=”gsstx”USDollar/a) surged more than 2% today as equity markets tumbled on renewed European debt concerns and end-of-month profit taking. However with key event risk on tap this week, the greenback is likely to remain in consolidation.
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