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I see, yea... Improving appetite for risk also played a part in the retreat from the Dollar. A US government data release on Friday showed a spike in personal income for May and a jump in consumer spending, which accounts for over 70 percent of the country's economic activity.
In another report, consumer confidence rose in June to its highest levels since February of 2008, as expectations grew that the worst economic recession since the Great Depression may be ending.
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