EUR/USD Under Pressure
Thursday May 29, 2008
The EUR/USD has come under pressure after the release of revised preliminary GDP number for the US in the first quarter. The Q1 GDP was revised up to 0.9 percent ... Read More
Durable Goods Support the Dollar
Wednesday May 28, 2008
The durable goods report for april 2008 showed a decline in durable goods sales by 0.5 percent vs. expectations of a bigger fall of 1.1 percent. Defense orders propped up ... Read More
US PPI for April 2008
Monday May 26, 2008
The US Producer Price Index came in below expectations at +0.2 percent vs. expectations of +0.4 percent. The core PPI number was +0.4 percent vs. expectations of +0.2 percent. ... Read More
Payrolls Down Again
Monday May 5, 2008
Nonfarm payrolls for April 2008 showed a loss of 20 thousand jobs in the US. The numbers for February and March were revised down by 8000 collectively. The ... Read More