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	<title>Business Destination &#187; foreign</title>
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		<title>Forex analysis: some alarming data</title>
		<link>http://www.airsd.com/forex-analysis-some-alarming-data.html</link>
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		<pubDate>Tue, 27 Oct 2009 00:53:48 +0000</pubDate>
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				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[foreign]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[money]]></category>

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		<description><![CDATA[The vacation is over and we are about to enter a critical point in the life of this economic downturn. While all the players involved, from Central Bank figures to generic politicians spin the recovery story, alarming data keeps coming out that seeks to undermine this thought.Â  The notion that all the data is bad is wrong, there are some signs of life though, particularly in Australia and parts of the EU, however it leaves us not with a sense of an imminent recovery, rather a feeling of a protracted one.Â  It seems from the news reports of this past weekendâ€™s G20 meeting that the Central Bankers themselves have toned down their enthusiasm. Jean-Claude Trichet, the ECB President gave cautious words last week, highlighting the fact that in the towers of the powerful, uncertainty is prevalent. The US itself is having a severe credibility issue.Â While their in-house economic analysts predict <a href="http://www.airsd.com/forex-analysis-some-alarming-data.html">Read the Rest...</a>]]></description>
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