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Forex Flash: Inflation Report sees no final swervin’ from Mervyn - Nomua

Nomura economists Philip Rush Andy Chaytor note that today´s BoE Inflation report has seen no major changes in King´s final appearance.
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US: NAHB Housing Market Index rises to 44 in May

The US NAHB Housing Market Index increased to 44 in May, from 41 in April, according to data released today by the National Association of Home Builders. Analysts expected the indicator to grow only to 43.
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