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GE Earnings Fuel Risk, Boost Yen

Discussion in 'Fundamental Analysis' started by ActionForex.com, Apr 11, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Yen rises across the board as financial markets shift to defensive mode after General Electric reported a 6% decline in Q1 profits and lowered its 2008 guidance. The fact that the world's 3rd largest company has disappointed on both actual earnings and projections is likely to reduce risk appetite for...

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