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Posts Tagged ‘Sales’

$A higher on retail sales data
THE Australian dollar was trading close to parity with the US dollar at midday.

Read more on Adelaide Now

Kenyan Shilling Advances on Exporter Sales of U.S. Currency, Remittances
Kenya ’s shilling strengthened against the dollar amid increased supplies of the U.S. currency from Kenyans living abroad and sales by exporters of agricultural products.

Read more on Bloomberg

Philips Net Beats Estimates; ‘Cautious’ on Fourth-Quarter Sales
Royal Philips Electronics NV, the world’s biggest lighting company, posted a better-than-estimated increase in third-quarter profit, while saying it’s “cautious” on sales for the final three months of the year.

Read more on BusinessWeek

China auto sales rebound to grow 56 percent in Aug
Auto sales in China, the world’s biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency spurred demand, while sales in the U.S. faltered.

Read more on AP via Yahoo! News

The ongoing weakness in the U.S. housing market could spark a larger-than-anticipated drop in pending sales of existing homes, and the data is likely to spark increased volatility the exchange rate as investors as investors weigh the prospects for future growth.

View full post on DailyFX – Trading News Events

US dollar up on retail sales, inflation data
NEW YORK: The US dollar was higher on Friday against most key currencies as markets digested US government data showing lower-than-expected retail sales and subdued inflation amid a slowing economic recovery.

Read more on Channel NewsAsia