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Wednesday, November 09, 2005

FX Markets Today 11/09/2005

For the time being, the Dollar seems to have settled into technical trading ahead of tomorrow's budget releases. The new ranges have held and rather tight ranges have developed in most of the majors. For the moment, crude prices remain below $60/barrel. The U.S. trade deficit for September is being touted near $60b, and larger than the previous month due to rising costs of imported oil. Read More....