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View Full Version : Dollar Rises to One-Week High on Bets Fed to Boost Lending Rate - Bloomberg



NewsWhore
06-08-2009, 03:20 PM
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Dollar Rises to One-Week High on Bets Fed to Boost Lending Rate (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Daqzw8t_ZeHp4%26refer%3Dasia&cid=1257397453&ei=G2ctStrsLdqdlQfxuKm_BQ&usg=AFQjCNFPYp4XRRuGI8reC7MldkZldu11yg)
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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