cler_99
08-11-2005, 07:05 AM
The headline earnings increases was powerful at 1.8%, but that was below expectations and also the inherent growth was disappointing at 0.3percent. The dollar managed to prevent selling pressure right. All in all, the Euro still provides very little value over the 1.2420 amount against the dollar, but it'll be hard for the US money to get any momentum before their transaction statistics on Friday.
Analysis provided by http://www.fxtoday.co.uk
Analysis provided by http://www.fxtoday.co.uk