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Forex Reader: News from XPRESSTRADE |
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Thursday, May 18, 2006 |
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According to XPRESSTRADE reports, the US dollar is again showing loss after some improvements in the beginning of the week. It has been attributed to the rise in inflation rate in the past few days. Analysts feel that rising rates could put additional pressure on consumer spending. The unimpressive performance of the housing sectors has been resulted in a rise in inflation rate. Housing is always seen as the most important part of the US economy. Decline of the sector is bound to affect the growing economy of the country. XPRESSTRADE reported that Forex trading involves substantial risk of loss and is not suitable for all investors. Despite of the good performances in past, it is tough to predict that future trading will give positive results. Although no information is accurate and complete, XPRESSTRADE always aims to publish a clear and fair market research. More Information: Read Here Today's core consumer price report showed a rise of 0.3% in April, which was just over analyst projections of a 0.2% rise. The headline number was also higher at .6%.
May 2006
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