The traders expect mix data this week for the situation of U.S. economy. The euro was trading at the levels above 1.56 against the euro on Friday close while the yen boost close to 107. The latest forecasts predict that the bottom in U.S. housing sector is not reached yen. The New Home Sales release this week will show new consecutive fall. The high energy prices probably will raise the spending together with the raising inflation. The U.S. economy remain in downtrend said George Marshal forex analyzer in World-Signals.com. The dollar have not the power to recovery while the euro is also hurt by the high energy prices, raising inflation in the Euro Zone and the starting problems by the high exchange rates.
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