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12/30/08 - Daily Forex Market News from cmsfx.com

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Uploaded by on Dec 30, 2008

Dollar Consolidates Amidst Weak Fundamental Data
Tuesday, December 30th, 2008

Recap: The Euro and Dollar traded choppy today, but for the session retraced about 50 percent of yesterday's 400 pip downmove. Housing prices in the US were shown to decline at a record annual pace and the Conference Board consumer confidence index fell to an all time low. US stocks were up though the Dollar consolidated vs the Yen.

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