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06/10/08 - Daily Forex Market News from cmsfx.com

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Uploaded by on Jun 10, 2008

Dollar Continues Gaining on Euro, Pound, and Yen; BoC Surprises by Holding Rates

Tuesday, June 10th, 2008

The Dollar continued gaining on the Euro, in response to Bernanke's comments late last night. The Pound fell heavily as housing remains weak. The Bank of Canada held rates at 3%, surprising economists, as inflation is a bigger concern than growth at this point.

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