07/25/08 - Daily Forex Market News from cmsfx.com

Strong US Durable Goods Orders Gives Dollar Bulls Further Ammunition this Week, Risk Appetite Returns
Friday, July 25th, 2008

Strong US data, including better than expected durable orders, new home sales and UMich consumer sentiment helped boost the Dollar in NY trading. It also helped increase risk appetite after investors were tested yesterday and overnight by weak stocks.

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