Tag Archives: Weak USD
Pound Reaches 6-Month High vs. USD
Posted on20. May, 2009 by admin.
0
The EUR rose on Tuesday, trading at $1.3625, up half a percent from Monday, due to a surprisingly big improvement in German economic sentiment. The ZEW indicator jumped to 31.1 in May from 13.0 in April, above economist estimates of a 20.0 reading. This suggests that analysts and investors were not as grim about the [...]
Continue Reading
Weak USD and Excitement over Slovakia’s Membership Push Euro Higher
Posted on08. Jan, 2009 by admin.
The EUR finished yesterday’s trading session with mixed results versus the major currencies. The 15-nation currency saw gains versus the greenback for most of the day and closed at 1.3600. Versus the JPY, the Euro-Zone currency range-traded throughout most of the day, as most of the market movement from yesterday was focused on the greenback. [...]
