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US Dollar Gains as Investor Sentiment Remains Jittery - Wholesale Inventories Likely to Fall on Tuesday

- British Pound Remains Under Pressure Amidst Banking Concerns, Ahead of Expected Declines in Industrial Output

- Japanese Yen Slips Against Breitling Watches  g shock watches Euro, US Dollar as Japanese Current Account Posts First Deficit mens watches in 13 Years

- Euro Down Against US Dollar, But Strong Versus British Pound on Divergent Rate Outlooks- Canadian Dollar Hits 5+ Year Low Versus US Dollar as Canadian Housing Starts Plunge 12%

US Dollar Gains as Investor Sentiment Remains Jittery - Wholesale Inventories Likely to Fall knights of columbus watches on Tuesday

The US dollar benefited from jittery bracelet watch market sentiment on and with the DXY index holding above key support at 88.00, the outlook for the currency remains bullish. Indeed, wholesale sales Blancpain Watches  have been consistently falling negative very baby g watch bga200pd 1b since Blancpain Watches which has led the inventory/sales ratio to climb from 1.06 in to 1.27 in December 2008. British Pound Remains Under Pressure Amidst Banking Concerns, Ahead of dive watches Expected Declines in Industrial Output

The British pound was easily the tokyo requiem 2 to watch weakest of the majors, losing over 2 percent against the US dollar and 1.6 percent versus the Japanese yen, as concerns over the health of the UK � financial sector remain high. There were no key indicators citizen watch released, but on morning data is projected to show that wholesale inventories contracted for the fifth straight month in January at a rate of 1.0 percent as businesses try mens watches  to tag watch prevent a buildup in excess supply in light of the dismal demand situation.

Meanwhile, Federal Reserve Chairman Ben Bernanke will be speaking at 8:30 ET on bank regulation to the Council on Foreign Relations, which will also include a QA session. Indeed, news over the weekend that Lloyds Banking Group will hand control to the betmar sport watch UK government Patek Philippe Watches in return for state guarantees covering 260 billion pounds lionel of risky assets, bringing the government � equity stake to as Fossil Cuff Watch  much as 75 percent. This comes following watch metal bracelet diamonds and stripes diamond stripe Lloyds � acquisition of HBOS Plc in October, which the government engineered armani watches in an effort to prevent HBOS � collapse. Based on the audience, there is potential cartier tank watch for Bernanke to discuss the economic slowdown and financial crisis on a global diesel watch scale, which could have a big impact on risk trends so traders should watch for biased commentary throughout the morning. Looking ahead to the next 24 hours, output in the UK industrial sector is forecasted to have either stagnated.

Overall, this raises concerns that other banks may be in danger as well and will also require asset insurance deals, leaving the British pound at risk. While the release of wholesale inventories doesn't tend to be very market moving for the forex markets, a continuation of the rising trend in inventory/sales will only signal further economic deterioration.