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Thursday, March 02, 2006

The Yen Remains On A Roll Against The Dollar

US Dollar: The unemployment numbers reported a slight increase of newly filed claims but an overall solid outlook for a steady labor market. The Labor Department reported that 294,000 Americans filed for jobless benefits, up by 15,000 from the previous week. Analysts are pointing to seasonal variations in the February raw data and note that filings can be affected by inclement weather and bank holidays. Read More....