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Thursday, April 20, 2006

New Zealand/USD: Finding A Bottom?

The Dollar began yesterday's session in rebound mode, after a slightly higher core CPI figure was released, but the greenback eventually fizzled throughout the day. Just one day after many had begun to feel that the Fed would be pausing, people started to think at least one additional rate was in the cards. The major story, however, was commodity markets. Read More...