US Dollar Hit By Ugly Durable Goods And Consumer Confidence
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 âis clearly in our nation's interestâ. He also feels very good about.........