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Strategies & Market Trends : Galapagos Islands

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To: Techplayer who wrote (30158)3/3/2003 9:42:11 AM
From: X Y Zebra   of 57110
 
lol... yeah....

I saw the picture you were making reference last night of the captured terrorist... looks like a drunk

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Aussie Hits New 2-Year High, Dollar Index Unchanged by Jes Black

At 8:30:00 AM US January Personal Income (exp 0.5%, prev 0.4%) US January Personal Consumption (exp 0.1%, prev 0.9%) At 10:00:00 AM US February Manufacturing ISM (exp 52.4, prev 53.9) US January Construction Spending (exp 0.3%, prev 1.2%)

The Australian dollar rose to a new 2 -year high against the dollar around 61.33 in early London after breaking previous resistance at 60.80. The dollar also gave back initial gains against the European majors, falling to session lows of 1.0812 and 1.5767 after failing to break through previous resistance barriers. Meanwhile, the yen rose on profit taking from last Friday's sharp decline following news that Japanese monetary authorities intervened in the currency market. Shortly after BoJ data revealed that it had spent approximately 500 billion yen in February to curb excessive yen strength, traders were prompted to sell the Japanese currency.

Eurozone PMI just barely rose back into expansionary territory in February at 50.1 from 49.3 January. The index was helped mostly by French PMI which rose to 51.5 from 50 in Jan, showing first expansion in 5 months. German PMI also rose to near expansion at 49.9 in February from 48.3. UK February PMI was unchanged at 48.6.

forexnews.com
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