US Dollar Hit By Ugly Durable Goods And Consumer Confidence

by gracecheng | November 28, 2006 at 07:38 am
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Mixed US data out today. Bad US durable goods (-8.3% vs -5%), ugly US
consumer confidence (102.9 vs 106 expected), positive US home sales
(+0.5% vs -0.6%) and USD-supportive comments from Paulson. Today, US
Treasury Secretary Henry Paulson reiterates that a strong dollar “is clearly in our nation's interest”. He also feels very good about.........

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