Forex | Forex Strategies | Mixed signals from Europe/US on the data front prevent a breakout of recent ranges (14/08/2009 07:51:19)

Mixed signals from Europe/US on the data front prevent a breakout of recent ranges

RBA’s Stevens repeats his hawkish stance but throws in a few surprisingly cautious comments MAJOR HEADLINES – PREVIOUS SESSION US Jul. Advance Retail Sales out at -0.1% vs. +0.8% expected and revised +0.8% prior US Jul. Advance Retail Sales ex-Autos out at -0.6% vs. +0.1% expected and revised +0.5% prior US Jul. Import Price Index out at -0.7% m/m vs. -0.5% expected and revised +2.6% prior US Initial Jobless Claims out at 558k vs. 545k expected and revised 554k prior US Continuing Jobless


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