U.K. CBI trends total orders reached -3 in February compared with median estimates of -13 and the prior reading of -16. Selling prices gauge recorded 10 points, lower than both forecasts and prior readings of 12 and 13 respectively.
February 23, 2012 11:35 AM GMT
U.K. CBI trends total orders reached -3 in February compared with median estimates of -13 and the prior reading of -16. Selling prices gauge recorded 10 points, lower than both forecasts and prior readings of 12 and 13 respectively.
EUR/USD's decline extended further as expected as reached as low as 1.2496. The break of 1.2625 confirmed resumption of whole fall from 1.4939. Initial bias remains on the downside this week.
U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold.
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