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View Full Version : Dollar Trades Near Five-Week Low Versus Yen on Fed Interest-Rate Outlook - Bloomberg



NewsWhore
05-02-2011, 08:10 PM
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Dollar Trades Near Five-Week Low Versus Yen on Fed Interest-Rate Outlook (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFwODlY8iWq4q4doLaQxrWrzjlOtw&url=http://www.bloomberg.com/news/2011-05-02/dollar-trades-near-five-week-low-versus-yen-on-fed-interest-rate-outlook.html)
Bloomberg
“The market is very negative on the US story, and the market knows that the Fed is sitting on its hands while the ECB, the Reserve Bank of Australia and likely the Bank of Canada going to be raising rates,” said Joseph Capurso, a currency strategist in ...

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