The US economy is still enjoying the short term effect from the Fed cut. With housing sales this evening, it will add to another dimension to indicate how well the economy is going.
EUR and Swiss has been making high against the dollar, but somewhat the momentum is still strong.
Technically, GBP seem to be making a short retracement. Support is at 2.0124, before another northward climb.
Tuesday, September 25, 2007
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