SubscribeUS Session: The Reflation Trade Resumed Pressuring the Dollar to the Downside
June 4th, 2009 • Related • Filed Under
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The dollar fell against the euro as the ECB shed a more positive light on the euro zone’s economy for the second half of the year. The EurUsd crept higher at $1.4160 after seeing a 100pt-swing in early session. The GbpUsd continued to edge down with the British pound dropped to $1.6118, compared with $1.6297 on Wednesday. Equity markets in U.S. and Europe remained flat, with the Dow and the FTSE… | ||||||||||||||||||||
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