May 15, 2013
Euro moves toward 2013 lows
Despite a short-lived setback, the dollar continues to build a bullish trend, advancing versus most competitors. The greenback faced some profit taking after the latest string of US data, including NY manufacturing index, producer prices and industrial production, came in weaker-than-expected, supporting the case that it is too early for the Fed to tapper its QE3 program.
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