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USD Anticipation Of Philadelphia Fed Index - September 20, 2012


Various data released last night was not much help on the USD, but we could see an increase in existing home sales and building permits. As existing home sales rose impressively to 4.82 M, and building permits rose to 800.000.

Today, will be released some important data, starting with the weekly jobless claims report will mengangalami reduction in prediction which means kondis improved from last week 382.000 to 374.000.
And the most important is the Philadelphia Fed Index will also be released. Many analysts predict the figure to be released is -4.1, which means higher than the previous month -7.1. If the report turns out to be released above the 0.0 mark, it may just spark risk appetite, which will bring USD back to its lowest point. And vice versa.


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