Inflation Becoming Irrelevant in Forex
Inflation data, that is published all the time is becoming less and less important in these days of a global economic crisis. It doesn’t ignite price action as it used to up to the last summer
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Gold prices end week down 6 percent
Gold prices dipped slightly Friday, marking a fifth straight day of declines that left the contract down 6 percent from a high of just over $1,000 an ounce last week.
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US economy shrinks 6.2 percent
The US economy contracted at a staggering 6.2 per cent pace at the end of 2008, the worst showing in a quarter-century, as consumers and businesses ratcheted back spending, plunging the country deeper into recession.
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