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Currency

UBS – Dangerous Conditions with Gold, Oil, and USD

cnbc.com – Art Cashin, UBS Financial Services director of floor operations, offered CNBC his insights of the US dollar, which fell to a five-month low against a basket of currencies, despite this week’s successful Treasurys auctions. “We need to fund a huge, huge deficit. And we need cooperation from outside [the U.S.] to do it.” “This is a very, very dangerous period we’re going through.”

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