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Forex in 60 Seconds - USD/JPY Dives On AmEx Q2 Results, Canadian Retail Sales May Weigh On USD/CAD

Monday, 21 July 2008 21:22:58 GMT

Written by Terri Belkas, Currency Analyst

 ·          US leading indicator index falls negative for 9th time in the past 12 months, Australian producer price growth slows
 ·          Monday's biggest market-mover was the release of AmEx's Q2 results after the NY session close, as the news triggered a drop in DJIA futures and USD/JPY

Stories to watch on DailyFX

·          Are the commodity dollars bound to decline this week? Find out in Technical Strategist Jamie Saettele's Top Currency Trading Ideas
·          Which economic indicators are likely to move the markets? Check out the 5 Key Events...next up, Canadian Retail Sales

Send any comments or questions to tbelkas@dailyfx.com

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