Forex News:US Treasury Secretary Paulson on the wires
Posted by Greg Michalowski on Wed, 07/02/2008 - 10:05am in
- SHOULD NOT BE SURPRISED IF THERE ARE MORE HOME-PRICE DECLINES
- UK AND EUROPE SHOWING SIGNS OF SLOWING
- EMERGING ECONOMIES TO CONTINUE TO BE STRONG
- HOUSING POSES A SIGNIFICANT DOWNSIDE RISK TO THE US
- CALLS ENERGY, MARKETS, HOUSING A TRIO OF HEADWINDS
- U.S. ECONOMY GOING THROUGH A ROUGH PERIOD
Analysis: Comments are more dollar bearish.
The EURUSD has the 1.5873 area of resistance to overcome after the stop buying quickly fizzled on the last move higher.
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