Tuesday, September 23, 2008

Greenback steady versus majors ahead of Sept. Richmond Fed manufacturing index report, Tuesday, September 23, 2008 9:59:26 AM

The US Richmond Fed manufacturing index for September and the house price report for July have been slated for release at 10:00 am ET. A testimony by the Fed Chairman Ben Bernanke and U.S. Treasury Secretary Henry Paulson at the Senate Banking Committee are also expected during this time period. The US dollar held steady against other major currencies ahead of key reports and testimonies. As of 9:55 am ET, the dollar was quoted at 1.0806 against the franc, 1.4762 versus the euro and 105.71 against the yen


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