Forex Review:
The Dollar suffered against a board of other currencies on thursday following data from both the housing market and manufacturing sector that showed the country was recovering at a slower than expected pace
The Euro rose against the dollar thursday despite continues worries surrounding the debt issue surrounding Greece.
The Japanese Yen also seen weak economic data which missed estimates and has confirmed that the nation has slipped back into a recession following devastating natural disasters that hit the country in March. The Yen still outperformed the US dollar.
The British Pound also strengthened against the US dollar following a better than expected report on retail sales which helped cool nervous investors who abandoned the currency on wednesday.
The Canadian Dollar also pushed higher against the US dollar on thursday but all eyes will be on upcoming inflation results on the Consumer Price Index which will be released by the Bank of Canada.
The Australian Dollar also grew against the US dollar as the Gold and Silver markets both did well.
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