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Strong US Retail Sales Boosts USD A Bit, Keeps Risk Appetite Alive For Another Round

Discussion in 'Fundamental Analysis' started by ActionForex.com, May 14, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    GBP had another day of heavy action. As with the previous day's PPI data, the CPI/RPI data were out at far higher levels than expected, even if the core CPI reading was still fairly muted. The data triggered a huge sell-off in the short sterling STIRs - enough, in fact...

    complete article here...

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