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Thursday, November 10, 2005

FX Markets Today 11/10/2005

The U.S. trade deficit was released this morning at $66.1 for September, which was significantly higher than August's -$59. The figure was also much higher than analyst consensus, and a new record. While oil import costs were less than expected, it was the non-oil segment that grew, which implies the arrival of core inflation growth. Read More....