Thursday, June 18, 2009

UNITED WOLRD CAPITAL Philly Fed Survey Roils Dollar

A surprise jump in the Philadelphia Fed report of business expectations was taken as a complimentary measure in support of the first downturn in continuing jobless insurance claims. The dollar, which was already having a sloppy session, turned decidedly lower and hit $1.40 against the euro. In the same vein.... UWCFX

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[Source: Philly Fed Survey Roils Dollar]

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