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05/20/08 - Daily Forex Market News from cmsfx.com

Discussion in 'Forex Videos' started by cmsforex, May 20, 2008.

  1. cmsforex

    cmsforex Contributing Member

    May 5, 2008
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    Dollar Declines on Rising Oil and Inflation Data from Germany

    Tuesday, May 20th, 2008


    The Dollar saw some steep falls today vs its major rivals, reversing yesterday's gains. German producer prices came in higher than expected boosting the Euro. The Aussie climbed on hawkish minutes. US producer prices were mixed, with the headline lower than expected. The Loonie continued its 5 session rally vs the Dollar.

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