Archive for the 'Durable Goods' Category

Durable Goods Might Push The USD Further Up

Wednesday, August 27th, 2008

Yesterday the greenback saw rising trends against most of its major currency counterparts, including a 6 month record against the EUR, and a two year high against the GBP. However, equal concerns on downside risks to growth and upside risks to inflation are keeping dollar activity restrained in the aftermath of yesterday’s FOMC Minutes.
Two main […]