Tag Archives: US Rate Cut
Euro Benefits from U.S. Rate Cut
Posted on18. Dec, 2008 by admin.
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The EUR has been the primary benefactor from the cut in U.S. Interest Rates as the EUR’s bullish run continues into its 9th day. Other factors driving the EUR higher in recent days have been an increase of negative economic data flowing from the U.S. economy. A string of poor unemployment numbers, combined with the [...]
