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Friday, December 16, 2005

Check Out Closing Comments on Forex Markets!

The majors kept to fairly tight ranges throughout the afternoon, after the release of the Q3 current account deficit. Although today’s quarterly current account deficit did not break any new records at $195.8B (the record is Q1's $198.7B), many analysts theorized that the numbers were distorted because of Katrina related insurance pay outs. No major FX platform errors.

XPRESSTRADE Currency Analyst, Mark Smyth, gives closing comments on today's forex markets on ForexTV. Click here to redirect to audio commentary.