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Thursday, June 28, 2007

Review of Fundamental Analysis (USD) by Admin

USD weakened against Yen on Wednesday, June,27, after the report of Durable Goods Orders US (May) is lower than expected.
Trader become more wary to fluctuation on the carry trade after the volatility of the global market focus more on the US mortgage sector.
The actual Durable Goods Order down more than expected to -2.8% from 1.1% on April.
Dollar weakened 0.7% against Yen at 122.34.

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