SubscribeUS Session: Central Banks Keep Rates on Hold in Europe and Asia Putting Pressure on the Dollar
June 11th, 2009 • Related • Filed Under
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The dollar fell against most of the G10 as central banks in Europe and Asia decided to keep rates on hold. The EurUsd rose 160pips to the mid range of 1.41, while the UsdJpy slipped 60pips to 97.50. The GbpUsd skyrocketed 230pips testing the 1.66 level, a consistent trend with the majors today. Equity markets performed positively in Europe and have maintained a upward momentum in the US… | ||||
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