Greenback Recovers |
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5/27/2008 2:30 pm: EUR/$..1.5712 $/JPY..104.12 GBP/$..1.9756 $/CHF..1.0304 AUD/$..0.9589 $/CAD..0.9931 Greenback Recovers The greenback kicked off the holiday-shortened week higher against the majors, edging up to 104.32 versus the yen and 1.5703 against the euro on the heels of mixed US economic reports earlier in the session. New home sales in April reversed an 8.5% decline in March, improving by 3.3% to 526k units. However, the Case Shiller home price index in March posted its steepest
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