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Wednesday, July 1, 2009

Dollar steady on lower US Consumer Confidence

The Canadian dollar fell against the U.S. currency on Tuesday as lower U.S. consumer confidence data for June dampened hopes for an early economic recovery, and pushed the market toward safer havens. Sterling reached an eight-month high against the dollar on Tuesday due to surprisingly strong UK house price data, but its gains fizzled out after a moderating decline in U.S. home prices

for details visit
http://www.ac-markets.com/

posted by srikanth....july 1

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