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View Full Version : Dollar Trades Near Highest Level Since 2006 as Stocks Tumble - Bloomberg



NewsWhore
03-02-2009, 10:10 PM
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Dollar Trades Near Highest Level Since 2006 as Stocks Tumble (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DagwFCuY9dz7Y%26refer%3Djapan&cid=0&ei=KJKsSaSDDqSQwAH8k7jqAw&usg=AFQjCNH7HEcCoWJ7aDxMaSt8bbBihtYm5g)
Bloomberg
“There is a definite sense that the US dollar is attracting a safe-haven bid,” said Jonathan Cavanagh, a currency strategist in Sydney at Westpac Banking Corp., Australia’s fourth-largest bank. The uptrend for the dollar “is very much in place given ...


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