Gold Climbs 2 percent as Dollar Hits 2-month Low vs Euro
Dec 15th, 2008 | By Contrarian Profits | Category: Financial NewsDollar weakens to two-month low versus euro… Oil climbs nearly 7 percent; OPEC supply cut expected
Posts Tagged ‘ Foreign Exchange Market ’
Dollar Down as Risk Tolerance Rises on Auto Bailout
Dec 10th, 2008 | By Contrarian Profits | Category: Financial NewsYen slides, dollar dips vs euro on US auto bailout hopes
US could vote on rescue plan as early as Wednesday… BoJ’s Shirakawa comments on FX mkt weigh on yen
Dollar Holds Gains Despite Grim Manufacturing Data
Nov 4th, 2008 | By Doug Casey | Category: Financial NewsIn the currency market, the dollar moved higher again vs. the euro. Late Monday, the euro was trading at $1.2641 vs. $1.2751 on Friday. “There is still strong underlying demand for the U.S. dollar,” said Marc Chandler, global head of currency strategy at Brown Brothers Harriman.
Dollar, Little Changed
Apr 15th, 2008 | By Doug Casey | Category: US Dollar & Forex TradingRetail sales get small bounce. But G7 expresses concern over dollar’s weakness. In the currency market, the dollar gained early against the euro, but then lost it all. Late Monday, the euro was trading at $1.5803 vs. $1.5809 on Friday.