Dollar Reduces Gains After Soft Housing And Sentiment Data |
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An avalanche of economic data was released today from both the Eurozone and the US, and the US dollar has been stronger across the board. The greenback is up against the Euro, Swiss franc, British pound, Japanese yen, Canadian dollar and Australian dollar. Euro weakness was more pronounced during the European trading session after it was reported that French business confidence weakened sharply in May to its lowest level since December 2005. Business confidence in France weakened to 102 in May
Filed under: Fundamental
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