Speculators Paring British Pound Positions after Weak Retail Sales
FCH, FHCO, FGP, CRWE.OB, - Hotels, Resorts and Crown Equity Holdings Inc. Sales Surpassed $1 Million! From CRWESelect.com
STRA, MSLP.OB, SGS, STRM Stocks To Watch Compliments Of PennytoBuck.com - Strayer Education Inc, MusclePharm Corp, Stream Glob
Chevron To Announce Quarterly Earnings! DrStockPick Provides The Latest News On CVX, CBI, DTSL and CHEV.
The EUR USD is trading weaker overnight after a slump in Greece bond sales helped escalate worries about European sovereign debt issues.
The Euro finished higher on Wednesday after reversing earlier weakness following a weak assessment of the U.S. economy by the Federal Open Market Committee. Based on the overnight action, it appears that this was short-covering rather than new buying.
U.S. Retail Sales and Consumer Sentiment Likely to Dictate Early Stock Movement
U.S. equity markets are trading flat to better several hours before the New York session opening, but this could change because of the release of the U.S. Retail Sales Report. This report which is due out at 7:30 a.m. central is expected to show an increase of 0.2% versus the prior month’s gain of 0.4%.