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View Full Version : Rand Snaps 4-Day Gain to Dollar, Falls to Euro as Carry-Trade Appeal Wanes - Bloomber



NewsWhore
06-06-2011, 11:50 AM
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Rand Snaps 4-Day Gain to Dollar, Falls to Euro as Carry-Trade Appeal Wanes (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF2MxonvsiEOwWuo6xSHLxkvzUfaw&url=http://www.bloomberg.com/news/2011-06-06/rand-snaps-4-day-gain-to-dollar-falls-to-euro-as-carry-trade-appeal-wanes.html)
Bloomberg
The currency slipped as much as 0.5 percent to 9.8714 per euro, and traded 0.4 percent weaker at 9.8597. The European Central Bank may signal on June 9 that it will raise its benchmark interest rate a second time this year, after producer-price ...

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