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02/04/08 - Daily Forex Market News from cmsfx.com

High Inflation Boosts Aussie Prior to RBA Decision; US Factory Orders Up The Australian dollar performed well as higher inflation data reinforced expectations of an interest rate hike by the RBA. The Pound gained on the Yen as carry trade started strong to start the week, and pared some of its losses to the Dollar from Friday's session. News Provided by CMS Forex [ go to Youtube.com ]

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Added : 04/02/08 22:39
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