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Wednesday, January 04, 2006

The Dollar, The Franc and Natural Gas.....

The year has begun with the Dollar under some pressure from traders speculating that the Euro may retake some of its 2005 losses. Yesterday's data did, indeed, support such a view (at least in terms of manufacturing expectations), as the figures for all major European countries, including the UK, were above consensus estimates, and the U.S. figure was below what analysts had expected. Read More....