FOREX-Dollar gains on solid data, euro drops on cautious ECB comments

admin

Administrator
Jun 17, 2007
66,216
0
36
49
Canada
The dollar gained on Thursday as U.S. data showed a mixed picture of the American economy, while the euro was weighed down by cautious comments by a leading European Central Bank hawk. U.S. consumer spending accelerated in July with an 0.8% increase, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged next month.
 
Back
Top