Dollar is still trying to hold its yesterday gains against euro, as it can benefit from the fundamental indicators released today in U.S. EUR/USD rose only from 1.5433 to 1.5449 today after losing more than 100 pips yesterday.
Productivity in the nonfarm business sector grew at 2.6% annually and seasonally adjusted rate in the first quarter of 2008 — slightly better than the preliminary estimate (2.5%).
ISM services (non-manufacturing) index for [...]
Saturday, June 7, 2008
Dollar Tries to Keep Yesterday Gains
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