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Thursday, December 29, 2005

AUD/NZD:Call It A Tie

FX markets seem to be drifting quietly into the New Year. With only two trading days remaining, markets are taking the remaining data in stride. Thus far, it has been easy to do, as the figures have been more or less on target. Yesterday saw both German and American consumers surprisingly optimistic (German GFK index 3.8, after estimates of 3.4, and the Conference Board's index at 103.6, after the previous month's 98.3). Read More....