Retail Sales rose to 2.7%, New York Empire State index rose to 18.9 while PPI rose 1.7% all news positive for greenback, and of course first reaction favor risk appetite. Stocks junp to the upside, yen to the downside, and dollar quickly down particulary against commodity currencies. Europeans are rising also, but at a slower pace. Let’s give market 15 minutes to digest the news.
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One Response to “U.S. News all better than expected”
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Finally a break for the USD…
http://www.ac-markets.com/forex-news/forex-alerts-2009-9-15-15-00-CET-US-Empire-State-manufacturing-index.aspx
Great comments Valeria Bednarik,
Regards!