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Wednesday, August 16, 2006

Todays Figures discussion

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Todays Figures are considered Heavy.
And Market will use them in order to fill in the FOMC's inflation side of the equation
With the Lower PPI , giving a nice suprise reading yesterday the market is anticipating
lowered inflation pressures in the US and the decreased probability of a rate hike in September.
Without Support from Continued Rated Increases, USD losses strength.

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