SubscribeUS Session: Dollar Strength Wavering in Tandem with Trends in Economic Data
May 29th, 2009 • Related • Filed Under
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The dollar is higher against most of the G10, but failed to post gains versus the Gbp, Cad, Aussie, and Jpy. The EurUsd fell 50pips finding support at the low range of 1.39, while the UsdJpy trades sideways barely unchanged from the previous session’s close of 95. The GbpUsd rally resumed after a brief break due to credit concerns raised by Moodys (rating agency) last week. The sterling… | ||||||||||||||||||||
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