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Home | Dollar Surges as the Market Flees the Euro, Demands Liquidity |
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Dollar Surges as the Market Flees the Euro, Demands Liquidity
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- June 16, 2011
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Having opened the week with a pullback, the dollar was back in form through Wednesday’s close and heading into the new trading day Thursday. The combination of a sudden flight from the euro, market-wide risk aversion and a swell in long-dated interest rate expectations for the US led the greenback to post fresh three-week highs. [...]This article (Dollar Surges as the Market Flees the Euro, Demands Liquidity) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
- Read more at:http://www.americanbankingnews.com/2011/06/16/dollar-surges-as-the-market-flees-the-euro-demands-liquidity/
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