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Yen Gains as Falling US Consumer Confidence Drains Risk Appetite

Discussion in 'Fundamental Analysis' started by ActionForex.com, Aug 15, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The dollar and yen rose on Friday after US consumer confidence unexpectedly fell and US stocks declined. US industrial production rose while the decline in the eurozone and US annual inflation rates indicated inflationary concerns are premature. The S&P 500 declined 8.64 points to 1,004.09. Treasury yields dropped as faltering...

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