ForexLive US wrap-up: New ranges to end the old week
By Jamie Coleman || March 12, 2010 at 21:18 GMT
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- US retail sales rise 0.3% in February; ex-autos up 0.8%, stronger than expected
- University of Michigan consumer sentiment weak, 72.5 in March from 73.6 in Feb
- US business inventories unchanged in January
- Rehn: Greek collapse would hurt EU credibility
- Trichet: If too slow to reduce non-standard measures, could distort market behavior
- IMF’s Lipsky: 50% of US toxic assets held by European banks
- US Senator Schumer to propose bill aimed at curbing Chinese currency manipulation
- IMM specs cut dollar bearish bets
- S&P 500 closes unchanged at 1150
- US 2-yr notes ends at 0.96% yield, up 1 bp; traded above 1% after retail sales

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Golly gosh – a record number of euro shorts
Thank you Jamie, Gerry and Sean for all your efforts this week…
And, now, perhaps, some mandatory weekend reading of der Spiegel:
http://www.spiegel.de/international/europe/0,1518,682432,00.html