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iFOREX Daily-May 20, 2013
Friday’s economic reports indicated that U.S. Consumer Sentiment climbed to the highest level since 2007 while the index of Leading Indicators more than doubled economists’ forecasts, two factors that caused the U.S. Dollar to rally versus the majority of its ...
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Articles
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Pound Drops On Fed Speculation
The British Pound extended losses for a second consecutive week against the U.S. Dollar as foreign exchange market investors speculated on whether the Federal Reserve was close to putting an early end to the asset-purchasing program. The Sterling declined to a six-week low versus most of its Forex market trading counterparts after the Federal Bank [...] ...
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