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Monday, February 13, 2006

GBP/JPY Approaching Support

FX pairs have been tame, thus far in Asia and Europe, as we begin trade in North America. This week a key concern will be sluggish European growth. Last week we learned that French Q4 GDP was only .2% higher than Q3, and this week will see German figures, which are expected to be equally soft. If true, the Euro may continue to be hampered by weak sentiment. Read More....