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Monday, March 13, 2006

Loonie On The Cusp

FX Pairs were tame to begin the week in Asia and Europe. With a fairly heavy calendar ahead, these smooth conditions may not hold, as this week will bring February's retails sales data, the Treasury's capital inflow data, as well as Germany's ZEW index. The Treasury data is potentially the most important, as strong foreign capital flows might help alleviate the deficit jitters that re-surfaced last week in the face January's record trade deficit. Read More....