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Forex Video - Drop in NZ Retail Sales Raises Chances of RBNZ Rate Cut, Will US Data Impact EUR/USD On Friday?

Thursday, 15 May 2008 21:47:04 GMT

Written by Terri Belkas and John Kicklighter, Currency Analysts

 ·          US manufacturing reports disappoint, indicating the sector is a very soft spot for the economy.
 ·          Euro-zone growth, on the other hand, remains robust - why?

Stories to watch on DailyFX

·          What will move the markets this week? Find out the Top 5 Most Important Events. Next up: US Building Permits, University of Michigan Consumer Confidence
·          Will the Federal Reserve cut rates in June? Probably not. Find out why in Watch What the Fed Watches.

We love feedback! Send any comments or suggestions to tbelkas@dailyfx.com or jkicklighter@dailyfx.com

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