Despite Weak Fundamental Data, Greenback Gains as All Eyes Focus on Prospect for Bailout
Thursday, September 25th, 2008
Data from the US showed the highest jobless claims since 2001, durable goods orders down 4.5% and new home sales off 11.5% in August compared to July. Still the NY session saw the greenback improve as a US bailout plan came closer to fruition.
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