Starting another greenback day

Hi welcome to a new day in Forex market. Greenback continued advancing yesterday and during the Asian session,  mainly due to lingering pessimism over the European and the U.K. economic outlook; it’s counterparts weakness is being helped by falling oil that after reaching 150 $ a barrel, now is close to “just” 100.-.
These are the most relevant news for today, East Time:
4:30 GBP  Services PMI  (Expected 47.0 Previous 47.4)
05:00 EUR Euro-Zone Gross Domestic Product for the Q2 expected with no changes at -0.2%  
05:00 EUR Euro-Zone Retail Sales for July (Expected -0.1% Previous -0.6%)  
08:15 US ADP Employment August (Expected -19K Previous 9K)
10:00 US Factory Orders for July (Expected 0.4% Previous 1.7%)
10:35 US Crude Inventories 08/30 (Previous -177K)
14:00 US Fed’s Beige Book

Original post by Valeria Bednarik

This entry was posted on Wednesday, September 3rd, 2008 at 2:29 am and is filed under eurusd, Starting the day. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.