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Old 03-04-2005, 02:56 PM  
rickholio
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Ouch! Painful USD movement...

The world's favoured reserve currency took a shit today...



I suspect it's a result of lackluster US domestic job growth numbers, combined with the revelation that wage increases were a little over 2% whereas base inflation was over 3% (and base inflation doesn't track fuel price increases, which would probably push the real inflation rate up over 5%).

Any other fiscal revelations today that I missed out on that might cause this kind of negative mobility?
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