Sunday, August 16, 2009

UNITED WORLD CAPITAL EUR/USD Sinks After More Negative U.S. Data

The EUR/USD has dropped through our 3rd tier uptrend line after America's U of M Consumer Sentiment number came in weaker than expected. Today's pullback in consumer sentiment adds to yesterday's disappointing retail sales data. The battered American consumer is not making a return as quickly as analysts hoped due.... UWCFX
United World Capital Forex - Read More... [Source: EUR/USD Sinks After More Negative U.S. Data]
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