USD has a chance
United States Dollar grows
In brief: Dollar keeps growing on the wave of the oil drift.USD shows some hope on growth. The greenback traded a little bit higher in today’s London session, starting the day where it left off from yesterday, extending its gains from the stronger than expected May non-farm payrolls report.
The dollar pushed the euro to 1.395 and the pound toward the 1.58-figure before relinquished some of its strength in New York trading. The major equity bourses traded lower, with the Dow Jones, Nasdaq and S and P500 down by around 1%, while both spot gold and crude oil drifted lower as well. Also we should mark, that cheap oil played one of the main roles in dollar’s revival.
Ukranian Globalist2009-06-09 12:51, Currency news.
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