Asian Session: Euro & Pound Gain over Optimism in Euro Zone

08/14/09 by Daily Forex Snapshots  
Filed under Forex & Futures

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G10 Advancers and Decliners vs USD
JPY 0.24
EUR -0.07
CHF -0.10
GBP -0.18
The US Dollar was the weakest among the major currencies as it extended its decline as Advanced Retail Sales unexpectedly declined in July over concerns of mounting job losses and consumers spending less. The retail sales declined 0.1% against expectations of a rise of 0.8%. The retail sales less the auto component declined 0.6% against an expectation of a rise of 0.1% as the autos were the main…

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