cler_99
09-15-2005, 07:34 AM
The US information had a weaker than anticipated tone, but was close. Claims rose to 398,000, but captured a small percentage of the impact of hurricane Katrina. The New York manufacturing index increased to 17.0 from 23.0 while core inflation rose a medium 0.1percent for August. A few doubts are probably over policy, although expectations of high prices next week will stay intact. The Euro should discover decent support near 1.22 against the buck, but wants to push back over 1.2250 to facilitate negative opinion.
Analysis provided by http://www.fxtoday.co.uk
Analysis provided by http://www.fxtoday.co.uk