The jobless claims report for the week ended
The consensus estimates call for a 0.2% month-over-month drop in export prices, after falling 0.4% in June. Import prices are seen to decline 0.2% in July, reversing from June's 0.1% increase.
Yesterday's soft data on US retail sales drove down the dollar, while spurring hopes the Federal Reserve may not hurry to raise its low interest rates.
The US retail sales were virtually unchanged in July, defying forecasts for a 0.2% increase, according to the
Russian aid convoy has been heading towards
The greenback held steady against the yen, after easing to 102.31 from an early 9-day high of 102.65. The next possible downside target for the greenback-yen pair is seen around the 101.5 mark.
The greenback that retreated from an early high of 0.9085 against the Swiss franc edged down to 0.9045, before stabilising shortly thereafter. If the greenback continues its decline, it may find support around the 0.90 level.
After falling to 1.3395 against the euro during early European deals, the greenback showed choppy trading in subsequent deals. This may be compared to an early high of 1.3348. The next key support for the greenback is seen around the 1.345 level.
The greenback given up some of its early gains against the pound with pair trading at 1.6687, off early 4-month high of 1.6656. The greenback may find support around the 1.68 region.
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
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