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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (519813)1/5/2004 5:07:15 PM
From: Hope Praytochange  Read Replies (1) of 769670
 
ignorant on market ... now try to interpret the foreign exchange market ... way above your IQ...here are few factors influence this market
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:: Majors: The US$ fell sharply across the board following speeches yesterday by Fed Chairman Greenspan and Governor Bernake, which reaffirmed that interest rates would remain at 45 year lows of 1% for some time.

The euro reached a new all time high of 1.2695, and the yen reached a 3-year peak at 106.05 capped by apparent intervention earlier in Tokyo trade.
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