GBP Breaks above 1.60 by Korman Tam
The greenback was mixed in the Wednesday session, slumping sharply against the sterling to a near 7-month low and edging up versus the yen.
Economic data from the US was better than expected earlier today. Existing home sales shot up by 2.9% in April to 4.68 million units, reversing a downwardly revised 3.4% decline in March. Traders will look ahead to data on Thursday, including weekly jobless claims, April durable goods orders and new home sales.
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Sterling Rallies
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# Sterling Rallies
# Euro Regains Footing
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Kamis, 28 Mei 2009
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