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Strong Consumer Spending Drives Dollar Higher

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 13, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The US dollar continued to rebound as consumer spending snapped back in the month of January, skirting a repeat of 2001. The market had expected a back to back decline in retail sales, but the last time this happened was 6 years ago. Since then, consumer spending has rebounded every...

    complete article here...

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