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Wednesday, May 03, 2006

USD/CAD: Approaching Parity?

The Dollar continues to suffer under negative sentiment -- the direct effect of trade deficit woes, international tensions, and mixed signals from the Fed. Ben Bernanke's clarifying comments, regarding the Fed's current posture now has a light-hearted name in trading circles, "The Bartiromo Affair," in reference to the popular CNBC anchor who interviewed the Chairman at the White House over the weekend. Read More....