fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: US Dollar Stronger Again, Aussie, Euro And Pound Under Pressure  Mon Mar 04, 2013 9:28 am | |
| US Dollar Stronger Again, Aussie, Euro And Pound Under Pressure The US Dollar continued to sweep the field on Friday night sweeping the Euro and Pound to new multi week lows. Gold and crude fell as well and the Aussie dollar was under pressure. Stocks in Europe fell again but the better US data lifted stocks from their lows even if they did end up finishing in the red. The Markit PMI data for Italy, France, UK, Greece and Eurozone were all still under the 50 contraction zone with Italy in particular actually going backwards from last months 47.8 to print 45.8. Showing the growing chasm in the EU was the German PMI which printed at 50.3 up from last months 49.8.  | |
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