PDA

View Full Version : Dollar Gains Versus Euro as Traders Raise Bets Fed Rate to Rise - Bloomberg



NewsWhore
06-08-2009, 09:40 AM
<img alt="" height="1" width="1">
Dollar Gains Versus Euro as Traders Raise Bets Fed Rate to Rise (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dac_7ahed_XH0%26refer%3Dasia&cid=1255913955&ei=bhctSq-ABpidkAWl_LS6BQ&usg=AFQjCNHnY6Plm5wiep0bo8-RPX8Lc_bMVg)
Bloomberg
“The market is speculating that the Fed is more prepared to hike rates,” said Brian Kim, a currency strategist in Stamford, Connecticut, at UBS AG, the world&#39;s second-largest currency trader. “The S&P&#39;s downgrade of Ireland is also weighing on the euro ...


More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dac_7ahed_XH0%26refer%3Dasia&cid=1255913955&ei=bhctSq-ABpidkAWl_LS6BQ&usg=AFQjCNHnY6Plm5wiep0bo8-RPX8Lc_bMVg)