US August 4 Redbook index (MoM) falls to 0.4%; 3.7% (YoY)

Aug 13, 2013

US: Redbook Index rose 0.4% MoM

The Redbook index advanced 0.4% on a monthly basis and 3.7% over the last twelve months in the week ended on August 4, against previous prints at 1.0% and 3.7%, respectively...

EUR/USD collapses below support, USD correcting?

The EUR/USD foreign exchange rate took a nasty spill during US trading, driven by the strengthening of the USD across the board Tuesday and the release of mixed US data.