By SFO | January 31, 2008

Forex Fundamental Outlook

Many data were released in the U.S. today. First, December personal income was up +0.5% while December personal spending was up +0.2%. Second, weekly initial jobless claims increased 69,000 to 375,000, the highest level since October 2005. These data are important because they evidence a potential deterioration in the U.S….
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