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View Full Version : Dollar May Gain on Widest US-German Yield Spread Since 2007 - Bloomberg



NewsWhore
06-10-2009, 05:30 PM
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Dollar May Gain on Widest US-German Yield Spread Since 2007 (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaCsrPqmI1w2c&cid=1258598342&ei=0ygwSv6SAcWdlQedpJjFBQ&usg=AFQjCNH9RT5EToqxY7R8qvXo1ggIZydI1g)
Bloomberg
“People are cautious not to sell the dollar,” said Benedikt Germanier, a currency strategist in Stamford, Connecticut, at UBS AG, the world&#39;s second-largest currency trader. “The relative return on US assets is favorable.” The dollar traded at $1.3970 ...


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