SubscribeUS Session: The Dollar Declines on the ISM Report, Combined with Positive Data from China and Germany
|
The dollar declined against majors as another green shoot from the ISM report prompted traders to move into higher-yields, buoyed by positive data rolled out from China and Germany. The EurUsd rose sharply by 110pips to 1.41, gaining support from the German retail sales number, which increased more than expected by 0.4% vs. -0.1% forecasted. The GbpUsd traded sideways in early trading, but rose… | ||||||||||||||||||||
More on this topic
(What's this?)
Capitalize on China’s Growth with these dividend stocks
(Dividend Growth Investor, 3/10/10)
Jim Chanos Is Wrong About Investing in China
(Investment U, 3/3/10)
Thinking the Unthinkable: What if China Devalues the Renminbi?
(naked capitalism, 2/18/10)
Loading ...
