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05/15/08 - Daily Forex Market News from cmsfx.com

Discussion in 'Forex Videos' started by cmsforex, May 16, 2008.

  1. cmsforex

    cmsforex Contributing Member

    May 5, 2008
    Likes Received:
    Euro Sets High After GDP Data, Then Sinks vs Dollar Despite Weaker US Data
    Thursday, May 15th, 2008


    The Euro-zone grew 0.7% in the 1st quarter, led by Germany's 1.5% rise. The Euro set a high before giving up its gians to the Dollar. US data showed weaker industrial production and 2 regional manufacturing indexes contracted. Kiwi weakens after its retail sales.

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