The dollar wallowed at three-week lows against a basket of major currencies early on Thursday, following weak U.S growth data for the first quarter.
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The dollar was nursing heavy losses in Asia on Friday after wild swings overnight left dealers struggling to find a pattern amid all the noise.
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Gold was steady on Monday, after posting its biggest weekly gain since early September, as investors await concrete steps from European policymakers to tackle the debt crisis ahead of a European Union summit this weekend.
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The euro stayed bid early in Asia on Thursday, having jumped to a near one-month high on the dollar as Europe took a step closer to shoring up its financial rescue fund.
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The euro clung to modest gains in Asia on Friday, following a brief boost after Germany approved an expansion of the euro zone bailout fund, but investors remain worried due to the many hurdles ahead of a workable resolution to the European crisis.*
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Spot gold steadied on Friday after rebounding in the previous session, as investors awaited a speech by U.S. Federal Reserve Chairman Ben Bernanke later in the day.*
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The euro struggled to make any headway in Asia on Wednesday, having suffered a minor setback on a lack of progress in talk of a common bond, while the Swiss franc stayed under pressure on expectations of imminent action to curb its strength.*
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The safe-haven Swiss franc nursed heavy losses in Asia on Friday, having posted record one-day falls against the euro and dollar after the Swiss National Bank threatened to step up its fight to curb the franc's strength.*
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President Nicolas Sarkozy ordered his finance and budget ministers to find new ways to prune the public deficit on Wednesday, as markets fretted over France's strained finances and banks following a U.S. debt downgrade.
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Spot gold held steady below $1,600 on Thursday, with investors waiting for the euro zone summit on Greece's debt crisis later in the day, while concerns about the U.S. debt ceiling continued to support sentiment.
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Spot gold was steady on Wednesday, holding on to its 5-percent gain in the past seven sessions as growing fears of a euro zone debt contagion burnished bullion's safe-haven appeal.
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