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Monday, July 03, 2006

Greenback Remains Under Pressure

Last week ended with a 2nd day of Dollar losses, as traders continued sense a "dovish" tone hidden between the words of Thursday's Fed announcement. Beginning the week, the greenback remains under pressure in what could be a tempered session, as today is a "quasi-holiday" positioned between a summer weekend and the actual holiday on Tuesday. As such, some, but not all, financial markets are closed in the U.S. Read More....