Soft Data Greenback slides on halfway

The dollar lost against the majors at the meeting on Tuesday, falling to 1.3080 against the euro and slightly below the 1.54-figure against the pound. Drag green was the subject of a spate of negative data in the United States.

U.S. economic reports were released today largely unclear, with a decline of GDP in 3rd Quarter broadly in line with expectations - 0.5% versus a decline of 0.3% previously. Q3 GDP Cayerhum sales than erwartetoder, after 1.4% to 0.8%, Heawhile the PCE price by 5.2% versus 5.4%. The Case-Shiller price has plunged the house price index fell a monthly 1.8% in September compared with a decline of 1.0% in the previous month and year after year, 17.4% 16.6% previously. The index of the Richmond Fed has further deteriorated from -22 to -10, while the composite index from -38 to -26 slip. On a positive note, the Conference Board to improve CONFIDENCE consumers to 44.9 in November from one month earlier to 38.8, with the feeling that the improvement or decline in oil prices. The expectations component improved 46.7

Given the holiday shortened week, the timetable Wednesday for a series of data, between October personal consumption, core PCE, durable goods orders, weekly unemployment claims, personal income, Chicago PMI, the University of Michigan consumer sales of new homes and the NAPM index NY.

The Fed announced new measures to curb the crisis in the financial system, the promise of 800 million dollars in an effort to alleviate the tense credit markets.Die final obligation is to provide loans to industrial enterprises scentro, students and Housing. With the Fed funds rate "crawling close to zero, the Fed is the use of other measures to revise the credit markets and ease the tensions of a lock-up of credit