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View Full Version : Dollar Weakens as Global Stock Rally Reduces Demand for Safety - Bloomberg



NewsWhore
03-10-2009, 02:30 PM
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Dollar Weakens as Global Stock Rally Reduces Demand for Safety (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dauv5gFUMFp4s%26refer%3Dasia&cid=0&ei=k7K2SdG9A6OGgAPQyImcCg&usg=AFQjCNGFnmOfSNwRqJMSjCJNnFytICoBCQ)
Bloomberg
“People might be willing to take on a bit more risk if equities bounce,” said Benedikt Germanier, a currency strategist at UBS AG in Stamford, Connecticut. “That would help the euro, hurt the dollar.” The US currency weakened 0.5 percent to $1.2675 per ...


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