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HAPPY FRIDAY
Posted by Bob Slade on Fri, 05/16/2008 - 8:19am in
Friday May 16, 2008
Good Morning and Happy Friday
The dollar lost ground last night ahead of today’s data on Housing Starts and Consumer Confidence. Both reports are expected to be negative for the US economy. Housing Starts may fall to a 17 year low, while Consumer Confidence may be the weakest in 26 years. Data on Housing Starts will be released at 8:30 AM and Consumer Confidence at 10 AM.