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Friday, April 20, 2007

Are We Coming to a Peak?

While the world has been beating up on the US Dollar, yesterday’s markets seemed to slow down a bit. However, the Euro did fly to a high of 1.3636 in overnight trading from a bit of fundamental data. French Consumer Spending data printed a positive 0.7% verses an expected 0.3%, and this suggests that French expansion in sales is continuing at a healthy pace with better economic growth and improving employment. Read More....