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



NewsWhore
06-08-2009, 10:50 AM
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Dollar Gains Versus Euro as Traders Raise Bets Fed Rate to Rise (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaNPZqsbKAmGc%26refer%3Dasia&cid=0&ei=2ictSpOlHpXM6wPMtsizBQ&usg=AFQjCNGoXTZ5C7T4Ee0cP3xyqu7kYwO_xQ)
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 ...


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