FX Radio: Weak US Retail Sales, $10B Citigroup Loss Bode Ill For Dollar and Dow

Published January 15th, 2008 - 05:57 GMT
Al Bawaba
Al Bawaba


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http://media.dailyfx.com/podcasts/FXRadioAM011508.mp3

Key Points

· GBP/USD may have formed a significant low, benefits from stronger-than-expected UK CPI data (See the Daily Technical Report and Daily Market Brief for more.)

· EUR/USD climbs for test of 1.49 as US retail sales disappoint, Fed rate cut expectations soar

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   Terri Belkas

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