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EUR/USD Down for the First Day This Week

June 19, 2008 by

EUR/USD posted its first daily decline this week today — it went down from 1.5528 to 1.5489. Even bad employment data didn’t help the euro to get higher against the U.S. dollar.

Initial jobless claims fell from 386k to 381k last week, but nevertheless were higher than 375k forecast.

May leading indicators rose 0.1% in May a similar growth in April and forecasted stagnation for this month.

Philadelphia Fed index decreased slightly in June — from -15.6 to -17.1. It was expected to rise to -10.

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