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advertisementCharting Economic Surprises in the Majors - February 2007Friday, 02 March 2007 08:14:51 GMT Written by Terri Belkas, Currency Analyst & David Rodriguez, Currency Analyst
Dollar
bears were out in full force in February as the surprisingly strong growth of
3.5% released in January was slashed to 2.2% while plunging durable goods orders
and weakening sentiment eliminated the term “goldilocks economy” from the mouths
of analysts. The dollar also took a hit as crude oil pushed above $60/bbl amidst
mounting tensions with
Click Here for our outlook on the NZD/JPY.
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