Despite an abundance of strong U.S data in the past week, the Dollar continued to decline through Friday after first quarter GDP data showed that the U.S economy had expanded to an annual rate of 4.9%, the fastest in almost 2 years. However, PMI Manufacturing showed a slight decline of 0.1% in April and as [...]
Exchange Rate Forecasts
May, 2006
The Dollar declines to new yearly lows despite a plethora of strong U.S data
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