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Written by Administrator
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Monday, 13 March 2006 |
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March 13, 2006 The euro rose against the dollar on speculation a report on German investor confidence will add to the case for the European Central Bank to raise interest rates.
Europe's common currency extended its rally to 1.8 percent since the region's central bank Dec. 1 lifted rates for the first time since October 2000. Signs of growth are fueling speculation borrowing costs will rise this year to at least 3 percent, which would be the highest since December 2002.
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Last Updated ( Monday, 13 March 2006 )
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TIP: THE TREND IS YOUR FRIEND. Do not buck the trend. When the market or stock is bullish, go long. On the reverse, if the market is bearish, you short. Never go against the trend.
Forex 
