Read More Australian Dollar Holds onto Gains After Inflation Rises
Posted in FX News | Tagged after, australian, dollar, gains, holds, inflation, onto, rises
A 750 million Euro bailout package for Greece by European Union members saw the EUR/USD jump at the open of trading only to give back most of its gains as there remains concerns for the region. The region’s troubles have dictated direction for broader markets which can be seen in the strengthening correlation between the [...]
Posted in FX News | Tagged as, bailout, dim, euro, expectations, fails, gains, hold, onto, post, to, yield
The U.S. Dollar soared early Friday following a surprise 50 basis point hike in China’s bank reserve rate. Additional strength was provided by a better than expected U.S. Retail Report. The Dollar pared some of its gains after the University of M 6 Vote(s) Read More USD Holds Onto Gains Despite Thin Holiday Trading
Posted in FX News | Tagged despite, gains, holds, holiday, onto, thin, trading, usd
