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Thursday, September 30, 2010

Chicago PMI to shock the USD bears

Thursday, September 30, 2010
Chicago PMI to shock the USD bearsThis market is ill-prepared for the Fed officials out yesterday strongly doubting the efficacy of QE2 and then a super-strength Chicago PMI this morning.  Has this market overstretched itself on the QE2/competitive devaluation theme? Note: today’s update is relatively abbreviated/rushed due to the loss of the original report due to a system failure after it

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