12/6/2008 - the current market sentiment |
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The greenback has strong support today from the US retail sales of May which came up by a full 1% and the market was expecting an increase by just .5%. there can be a close picking up of consuming after series of drawdowns since the beginning of the housing slump and its negative impact on the crediting market and consuming confidence in US. The recent announcements by the Fed's President Bernenke have indicated the inflation risks which resulted from the dollar weakness which resulted
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