The Halifax HPI out of the UK came in worse than expected at 0.6% against the forecast of 0.9% and prior showing of 1.0%. Upon the initial release of the data sterling lost 15 points against the USD, but has regained most of the move upon further reading.
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But dont worry because we are coming out of recession… it must be true the government told us so…
lol.. i remember when U.S. economy was doing really good so was the euro.
time to load up on $1.45-6-month call options