Thread: 08/27/08 - Daily Forex Market News from cmsfx.com
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Old 08-27-08, 06:39 PM
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Default 08/27/08 - Daily Forex Market News from cmsfx.com
Pound Pressured by Weak Economy, Euro Boosted by ECB Official's Comments, US Sees Strong Durable Goods Orders
 Wednesday, August 27th, 2008

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Recap: The Pound plunged against its main rivals, continuing a trend started with the BoE's last meeting. The Euro rose overnight following hawkish comments from ECB council member Axel Weber. The Dollar, weaker overnight, strengthened in NY trading following a good orders report.

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http://www.cmsfx.com/en/forex-resour...-27-08/#recaps

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