Dollar index's recovery was rather brief and dips to 74.66 in Asian session today to extend recent decline. Recovery in commodities, in particular in precious metals, is a main driving force in the current decline in the greenback. Silver takes the lead and recovers to above 41 level and is set to test recent high again. Meanwhile gold follows and is staying firm above 1460. USD/CHF makes new record low at 0.8895 on broad based strength in swissy. The greenback manages to stay above recent low of 1.4519 but is vulnerable to deeper fall should crude oil could extend yesterday's recovery.
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