Tag: European Currencies
Dollar Rises as Investors Seek Shelter After Australia GDP Data
By Ron Harui and Theresa Barraclough
March 4 (Bloomberg) — The dollar climbed to the highest level in more than three months against the euro after a government report showed Australia’s economy unexpectedly shrank last quarter, boosting demand for the U.S. currency as a refuge.
Posted: March 4th, 2009 under News.
Tags: Asutralian Dollar, Canadian Dollar, Currencies, currency, Currency Trading, Dollar, Dollar index, Euro, European Currencies, Federal Reserve, Forex, Forex Market, Forex Trading, FX, GDP, Global Recession, greenback, Swedish krona, Swiss Franc
Comments: none
Dollar May Reach $1.65 per Euro, Citigroup Says: Chart of Day
By Michael J. Moore
Dec. 17 (Bloomberg) — The dollar’s decline against the euro compares with a similar move in the early 1990s, indicating the U.S. currency may weaken to a record low against the euro, according to Citigroup Inc.
Posted: December 18th, 2008 under News.
Tags: Citigroup, Dollar, Euro, European Currencies, Global Recession, greenback, U.S. Currency
Comments: none