cler_99
08-01-2005, 10:00 PM
The US information was near market expectations with private income and spending gains of 0.5percent and 0.8percent respectively. The PCE inflation index was unchanged from the month, however, the yearly increases climbed to 1.9percent as information for the last month was revised upward. The buck has weakened, although the impliions are impartial. The markets have been set for one more evaluation of buck service at 1.2250. The outcome is that buck service will hold.
Analysis provided by http://www.fxtoday.co.uk
Analysis provided by http://www.fxtoday.co.uk