FXstreet.com (Buenos Aires) - Dollar is gaining ground quickly across the board, as profit taking extends from commodity currencies to all the board. Gold fell to an intraday low of 1135, while European stocks market fell apart as well as U.S. futures, supporting greenback.

EUR/USD fell to an intraday low of 1.4805 before bouncing back to current 1.4825 zone, while GBP/USD hit 1.6460, and remains close to that level. If gold extends the downside and breaks under yesterday's low of 1130, both majors likely to extend the fall, with next support for EUR/USD at 1.4750, daily ascendant trend line, and 1.6380/1.6400 support zone for GBP/USD.

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