Manufacturing activity in the central Atlantic region weakened further in September, according to the Richmond Fed`s latest survey. The seasonally adjusted manufacturing index decreased to -18 in September from August`s reading of -16, the report said.
The US dollar gained some ground against the rest of majors following the report. As of 10:10 am ET, the dollar was quoted at 1.4747 against the euro, 1.8533 against the pound and 1.0825 against the Swiss franc.
Tuesday, September 23, 2008
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