The News Review:

- Forex – Canadian dollar drops after retail sales data unexpectedly…
- Forex – Norwegian krone under pressure despite rate hike
- Forex – Euro weaker vs dollar on disappointing manufacturing PMI data

Forex – Canadian dollar drops after retail sales data unexpectedly…
Forbes – Apr 23, 2008
Statistics Canada said total retail sales fell by 0. 7 percent in February from January, and by 0. 3 percent excluding autos, confounding Thomson IFR Markets’ expectations for small rises of 0.

Forex – Norwegian krone under pressure despite rate hike
Forbes – Apr 23, 2008
At 1230 GMT, the dollar traded around 4. 9680 Norwegian crowns, up from around 4. 9550 shortly before the rate decision at 1200 GMT.

Forex – Euro weaker vs dollar on disappointing manufacturing PMI data
Forbes – Apr 23, 2008
Provisional figures showed the euro zone manufacturing PMI index fell to 50. 8 in April, its lowest reading since August 2005 and ominously close to the 50 mark, below which marks contraction in the sector. ‘So far, the manufacturing sector in the euro zone has proved remarkably resilient to the combination of strong euro and slower U.