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Thursday, January 26, 2006

Dollar Maintaining Recent Gains!

The Dollar is maintaining its recent gains this morning against most majors and is particularly strong against the Yen. Weekly jobless claims rose to 283,000 in the latest week, which was on target and encouraging. There is no longer any talk of Katrina in the employment data, which implies that the U.S. economy had the resilience to move past that sizable interruption. Read More....