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01/30/09 - Daily Forex Market News from cmsfx.com

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Uploaded by on Jan 30, 2009

US GDP Data Comes in Better Than Expected, Risk Aversion Continues to Dominate
Friday, January 30th, 2009
Recap: Data from Japan and Europe showed unemployment increasing, while the US economy shrank 3.8% in the 4th quarter. Risk aversion continued to boost the Yen and Dollar as traders continue to worry about how deep and long the global recession will be.

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