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Thursday, August 31, 2006

Market waits for ECB Rate Decision

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European Traders await for 11:45 GMT ECB Rate Decision.
Watch for the words as well of Trichet, shall be market moving.

Technically looking for EUR/USD we see 1.29 to go.

BUt we should see how the market trend and reacts aftyer 11:45 GMT, At present market looks still.

Could we see Suprise like BOE, Maybe, lets see, Inflation is the main key.

Cheers.

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