Mid-Day Report: Dollar Trying to Recovery after Poor Retail Sales, Sterling Hit Hard by …
By admin | June 11, 2010
Dollar and yen are attempting a recovery in early US session after much worse than expected retail sales data from US. Headline sales dropped -1.2% in May while ex-auto sales dropped -1.1%. Among major currencies, Sterling was hardest hit, dragged down by worse than expected production data from UK. Industrial
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