PDA

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



NewsWhore
06-08-2009, 05:21 PM
<img alt="" height="1" width="1">
Dollar Rises to One-Week High on Bets Fed to Boost Lending Rate (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DajuGf_QzlJ1I%26refer%3Dasia&cid=1257397453&ei=iYMtSu_MDN-dlQfxmf3IBQ&usg=AFQjCNE1FOGNWi_nSnMvM5vUAf5PHv1qiA)
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/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DajuGf_QzlJ1I%26refer%3Dasia&cid=1257397453&ei=iYMtSu_MDN-dlQfxmf3IBQ&usg=AFQjCNE1FOGNWi_nSnMvM5vUAf5PHv1qiA)