Iomega Corporation

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Tuesday, December 12, 2006

US Data reaction

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The US Trade Balance for November just had the best reading since August 2005 - i.e in more than a year.
This should support USD short-term.

Later today we have the FOMC rate Decision expected at 5.25% (unchanged).

Some Hawkish rhetoric expected at the Accompanying Statement. Which might support USD short-term

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