Tuesday, September 25, 2007

Forex strategy : USD Stays Offered Ahead of Housing Figures



USD has been lower against most other currencies, despite the lack of interesting data. Large version U.S. economy in the week. MAJOR center PREVIOUS SESSION FR salary euros (INTERFAKS F) at 0.6% as expected. Prior to 0.6%. E-Z Current account (July) at 1.7B 3.5B against expectations. Prior to 7.3B (revised 5.9B). . E-Z Manufacturing PMI (September) at 53.2 against 53.9 expected. PMI services at 54 to 57.6. Consolidated PMI at 54.5 against 56.9. CA retail sales Russia (July) to -0.8% against