Daily Forex Comment by Everest Markets

[DavidWarren]

29 July 2013

US Dollar was mixed against most of its major counterparts on Friday. On the economic data front, the Thomson Reuters/University of Michigan final of consumer sentiment rose to 85.1 (84.0 expected) in July from 84.1 the previous month.

The Euro was mixed against its major counterparts. In Europe, German import prices fell 0.8% in June after a 0.4% slid in May. Economists expected a 0.3% decline. French consumer confidence was up to 82 in July vs 79 in June (revised from 78). Economists anticipated the index to be 79.

 

[DavidWarren]

31 July 2013

US Dollar was firm against most of its major counterparts on Tuesday. On the economic data front, the S&P/Case-Shiller index of property values rose 12.17% YoY (+12.40% expected) in May. The Conference Board's index of sentiment fell to 80.3 (81.3 expected) in July from 82.1 the previous month.

The Euro was mixed against its major counterparts. In euro-zone, consumer confidence index increased to -17.4 in July vs -17.7 in June. In Germany, consumer prices were 0.5% in July after a 0.1% gain the month before. Economists expected a 0.3% increase. Still in Germany, GfK consumer confidence survey was 7 for August, a new high since October 2007, vs 6.8 for July and 6.9 anticipated by the consensus.

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[DavidWarren]

6 August 2013

US Dollar was mixed against most of its major counterparts on Monday. On the economic data front, the ISM Non-Manufacturing index rose to 56.0 (53.1 expected) in July from 52.2 the previous month.

The Euro slid against its major counterparts. In Europe, euro zone PMI composite was up to 50.5 in July in final estimation vs 50.4 in prior one. PMI services was also revised on the upside at 49.8 vs 49.6 in first estimation.

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