SubscribeUS Session: Dollar Volatile as Investors Watch Interest Rate Markets Closely
June 10th, 2009 • Related • Filed Under
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Dollar extended declines against most major currencies as encouraging economic data reduces the demand for safe haven currencies. Euro climbed back above $1.41 due to positive economic data of the bloc. Sterling dropped early in the session but rebounded robustly later following better-than-expected UK industrial output number. The GBP is trading at $1.638 at 9:40 am, up nearly 2% for the weak…. | ||||||||||||||||||||
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[...] News Sources wrote an interesting post today onHere’s a quick excerptG10 Advancers and Decliners vs USDAUD0.17CHF-0.39 EUR-0.70 JPY-0.83 Dollar extended declines against most major currencies as encouraging economic data reduces the demand for safe haven currencies. Euro climbed back above $1.41 due to positive economic data of the bloc. Sterling dropped early in the session but rebounded robustly later following better-than-expected UK industrial output number. The GBP is trading at $1.638 at 9:40 am, up nearly 2% for the weak….Read More … More on this topic (W [...]