Hi
25 June-U.S. Dollar Trading (USD) was mixed against a basket of currencies as little data was released from U.S. markets to end the week. Despite positive data seen in the previous session, the USD eased against the Euro as investors remained confident that the Federal Reserve will keep rates unchanged at 5.25% for the remainder of the year. Analysts continued with bias towards currencies with the highest probability of a rate hike. In U.S. Share markets the NASDAQ was down by 28 points (-1.07%) whilst the Dow Jones was also down by 185.58 points (-1.37%). Crude oil gained by US$0.43 a barrel to US$69.08. Looking ahead, key data in the form of Existing Home Sales will be sure to generate plenty of interest as further focus will surround the housing sector. Forecasts are at 5.945 mio for the month of May, slightly down from the previous 5.99 mio.