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The US Dollar is weaker today , with the Euro trading through Friday’ s 1. 5744 highs and the dollar versus Yen failing to sustain a brief Asia session test above 108. The British Pound is doing poorly after weak house price numbers. US yields have moved lower again, with the two year down five basis points and the spread to German yields back at 174 basis points. Any optimism for US markets over the confirmation that the housing bill has been passed by Congress over the weekend may be tempered by news late...
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