arenas_11
05-16-2005, 11:55 AM
The dollar was stored on high ground based on service from current US retail sales and employment statistics that pushed EUR/USD to $1.2731 US Treasury statistics, which reveal whether the US attracted adequate foreign funds in March to meet the external deficit, reveal that foreign purchases of US securities dropped radically in March, to $45.7 billion from a high of $84.1 billion in February. Purchases of notes and Treasury bonds dropped a little below 50 percent in March. Requirements look more beneficial. It could possibly be a indiion that interest rates could grow a bit more in the future, since inflows dropped in March. Strong demand for US securities maintain interest rates. Currency traders appreciated profits against the Swiss franc, sterling, and the yen in the greenback.
US producer prices will probably be published on Tuesday, while consumer prices will probably be published on Wednesday. Economists and analysts will study the statistics that is forthcoming to ascertain if the Federal Reserve will require a vigorous approach.
US producer prices will probably be published on Tuesday, while consumer prices will probably be published on Wednesday. Economists and analysts will study the statistics that is forthcoming to ascertain if the Federal Reserve will require a vigorous approach.