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Quiet Before the Storm with 2009 on the Horizon
The FX markets are fairly quiet which is typical following a major holiday and year-end. The EurUsd is 54pips higher at high 1.40 price area, while the UsdJpy gained 30 pips to the 90.67 level. The GbpUsd slid roughly 40pips to low range of 1.47. Equity markets are mostly unchanged…
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Japanese Yen May Strengthen On Declining Global Outlook
The Japanese Yen lost ground to the dollar for the first week in two months as Japanese fundamental data signaled that the economy is headed into a prolonged…
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US Dollar Remains Mixed in Sluggish Trade, Consumer Confidence, ISM Manufacturing May Disappoint Next Week
Euro - US Dollar: Watch Resistance at 1.4125 British Pound Likely to Remain a Laggard Versus Euro, US Dollar on Bleak UK Economic, Interest Rate Outlook Japanese…
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