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  1. Yearly CPI Falls; First Time In Over Five Decades

    by , 04-15-2009 at 02:23 PM (Brad's Desktop)
    Written by Brad Zigler
    Wednesday, 15 April 2009 11:29


    Real-time Monetary Inflation (per annum): 7.9%

    The Consumer Price Index (CPI) nudged up 0.2% in March, according to the U.S. Bureau of Labor Statistics (BLS), breaking a two-month uptrend. CPI ticked up 0.4% in February and 0.3% in January.

    Year-over-year, however, CPI fell 0.4%, the first 12-month decline since August 1955. The yearly decline was driven by falling energy prices, as BLS reported 12-month increases in every top-level category except transportation costs.

    The so-called "core" CPI, which excludes volatile energy and food prices, increased 0.2% in March, matching increases posted in January and ...
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  2. Japanese Yen Outperforms But Key Resistance Looms Ahead

    by , 04-15-2009 at 02:16 PM (Analyst Picks)
    Analyst picks for: 2009/04/15
    Written by the DailyFX Research Team

    The Japanese Yen has outperformed so far this week, adding 2.3% on average against the other major currencies. Technical positioning may point to a looming reversal in the days ahead however, with the trade-weighted Yen index pushing up against resistance at a downward sloping trend line established from the swing high in late January. Does the Japanese unit have enough momentum to break higher, or will the bears take over prices in the days ahead? Our DailyFX team offers their top ideas for trading the Yen in the near term.
    Questions about these picks? Visit the DailyFX forum for a Q&A with the Analysts.

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  3. The Iraqi Dinar Scam - Part One

    by , 04-15-2009 at 02:05 PM (Forex Education and Analysis)
    by John Jagerson

    PLAY VIDEO

    The Iraqi dinar "investment" opportunity is a scam that has been around for a few years and has recently been regaining much of its former popularity. The opportunity is pitched as a way to profit from a nearly worthless Iraqi dinar that is "sure" to appreciate in the future. The scammers promise that millions of dollars in profits are virtually guaranteed if you buy the dinars at today's values (about 1,000 dinar to 1 US Dollar) and then exchange the dinars back for dollars at a later date once the dinar exchange rate has improved.

    However, there are some fundamental problems with the Iraqi dinar scam that potential buyers should be aware of before ...
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  4. Pre London Outlook For April 15th 2009

    by , 04-15-2009 at 01:53 PM (FX Bootcamp Blog - Video FOREX Trade Journal)
    Posted on April 15, 2009 at 0:31 in Uncategorized by David R Pegler

    Hello everyone, with the Pound showing some good relative strength over the last few days I have built a trade plan for the Pound Swissy cross. We have hit some significant resistance, however my bias is for continued Pound strength and further supported by falling gold which should help to weaken the Swissy. Good luck today and I hope you enjoy the video!! David Pegler

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