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USD Bounces on Data

Discussion in 'Fundamental Analysis' started by ActionForex.com, Apr 15, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The dollar edged up higher against the majors in the Wednesday session following higher than expected producer prices and a better than forecast NY Fed manufacturing survey. The Mach PPI shot up to 1.1%, versus 0.3% a month earlier and 6.9% y/y from 6.4%. The NY Fed manufacturing survey improved...

    complete article here...

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