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Dollar Weakness Resumes As Housing And Confidence Deteriorates

Discussion in 'Fundamental Analysis' started by ActionForex.com, Mar 26, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The sell-off in the US dollar resumed sooner than we had initially anticipated on the heels of surprisingly weak economic data. Consumer confidence slipped to 5 year lows as house prices tumbled more than 10 percent. Despite the increase in existing home sales, the housing market remains very weak. Sales...

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