cler_99
03-15-2005, 07:21 AM
The US treasury funding inflows data was stronger than anticipated with inflows of US$91.5bn for January compared with expectations of a figure around US$65bn. While the purchases of resources by US investors slowed buying of bonds and stocks were company. The web effect is going to be dollar supportive using all the Euro likely to confront a difficult examination of service at 1.3330. Failure here would encourage an evaluation of 1.3270, even though the dollar faces tough challenges in bolstering much.
Analysis provided by http://www.fxtoday.co.uk
Analysis provided by http://www.fxtoday.co.uk