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Thursday, August 31, 2006

US Split ahead of Inflation Data in few minutes

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The dollar is split, down versus its European rivals but little changes against the yen ahead of the release of fresh U.S. inflation data.
Overnight the dollar dropped further against the euro as investors awaited the European Central Bank's decision to keep rates on hold as expected. Investors are now awaiting a slew of fresh U.S. data, as well as the ECB's press conference and comments from Fed Chairman Ben Bernanke later in the session.

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