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Tuesday, December 06, 2005

EUR/JPY Reaches All-Time High!

The Dollar is relatively firm today, in spite of the Institute for Supply Management's services index, which slipped yesterday to 58.5 in November from 60.0 in October. Representing roughly 80% of U.S. economic activity, the number was below expectations, though safely above the key 50-level, which represents expansion. Read More....