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Tuesday, February 14, 2006

Cautious Mood For The FX Pairs

FX pairs finished yesterday's U.S. session in a cautious mood, as traders awaited Ben Bernanke's testimony to Congress and Wednesday's release of the Treasury's capital inflow data. After learning that December's trade deficit was $65.7 billion (capping a record year), traders will want to see an inflow number safely above this level. Read More....