Dollar Index Higher Before Data

Dollar Index Higher Before Data

S&P MARKETSCOPE (07/06/2007 8:15am): The dollar index, which rose bit yesterday as interest rates rose on stronger U.S. economic data, up 0.08 to 81.61 before Nonfarm Payrolls report... forecasts call for increases from 100,000 to 190,000... Euro off bit at $1.3590 as OECD Leading Indicators rose to 111.0 level in May from 110.0 in April, German Factory Orders rose 3.2% in May after falling 1.6% in April, which revised from -1.2%; French Trade deficit rose to 3.0 billion euros in May from 2.5 billion in April, which revised from 2.8 billion... sterling off at $2.0091 level even though UK May Industrial Production rose 0.6% vs. 0.3% in April, and Manufacturing Production rose 0.4% vs. 0.3% the month before... dollar up at 123.35 yen.

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