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View Full Version : Euro, pound rise on hopes of higher rates - Bloomberg



NewsWhore
02-23-2011, 12:30 PM
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Euro, pound rise on hopes of higher rates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEgIQh7FoJWvqwKoW3CXoEHzhEkaw&url=http://www.bloomberg.com/news/2011-02-23/euro-pound-rise-on-hopes-of-higher-rates.html)
Bloomberg
Central banks raise interest rates to counter inflation, and higher rates tend to support a currency&#39;s value. Expectations that rates will increase overseas have weighed on the dollar lately. Turmoil in the Middle East hasn&#39;t lifted the dollar against ...

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