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Thursday, January 12, 2006

USD/JPY....Becoming Indecisive

The Dollar is strong heading into the North American session on improving trade deficit figures in the U.S. The November figure was -$64.21B. Although hardly a comfortable number, it is much improved from last month's record -$68.9B. The focus now shifts to the January 18 th TIC report, in hopes that this shortfall can be safely financed. Read More....