Wednesday, December 03, 2008
US Dollar Holds To Wide Ranges, ISM Services Forecasted to Hit Record Low on Wednesday
The US dollar remains within the range it has held to since the start
of November, and for what it’s worth, day-to-day moves signal little
more than consolidation.
While it is possible that we will see a sharp correction lower in the
near-term, the long-term trend remains very much in favor of US dollar
strength... [read more]
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