Forex | Forex | Dollar Selling eases off after PBOC Gov Zhou assures a "steady" reserves policy (29/06/2009 09:56:57)

Dollar Selling eases off after PBOC Gov Zhou assures a "steady" reserves policy

Japan data still shows improvement though road ahead likely murky. MAJOR HEADLINES – PREVIOUS SESSION US May Personal Income out at +1.4% vs. +0.3% expected and +0.7% prior US May Personal Spending out at +0.3%, as expected, vs. revised flat prior US Jun Final Michigan Sentiment Index out at 70.8 vs. 69.0 expected and 68.7 prior NZ May Trade Balance out at +NZ$858 mln vs. +NZ$250 mln expected and revised +NZ$319 mln prior NZ May Building Consents out at +3.5% vs. revised +11.9% prior UK Jun


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