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Old 12-17-2007, 01:03 AM
forextrader73 forextrader73 is offline
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Default December 17:US Inflationary data strengthen dollar.

Read today's forex analysis
US Inflationary data strengthen dollar. Japanese business sentiment at 2 year lows.

The Euro (EUR) ended the weak down 1.5% against the USD, its largest weekly decline since August 2007, on views that rising consumer prices would prevent the Federal Reserve from easing rates in the near term. In Eurozone specific data, the HICP was released flat on consensus.

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Last edited by forextrader73 : 12-17-2007 at 02:26 AM.
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