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Confident Consumers and the Euro Enigma : Commentary by Neal Gilbert:

Posted by Aadil on August 17, 2012 at 5:28pm

Positive US data this morning has given the USD a bit of a boost against all of the G8 currencies this morning as investors continue to take sides in the Quantitative Easing debate. As I’ve outlined over the last few days, any positive US data will likely give rise to the assumption that Ben Bernanke and the Federal Reserve will not introduce QE3 at the Jackson Hole Economic Symposium on August 31^st

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