DailyFX - Forex Market News: Dollar Closes at a Two Month Low as Market Expects Stimulus

DailyFX - Forex Market News Forex Market News

Dollar Closes at a Two Month Low as Market Expects Stimulus Jul 28th 2012, 00:32 With the markets cheering the possibility of more external support by the ECB and Fed next week, risk appetite was on the rise while the safe haven dollar was deserted. Positioned at the extreme end of the risk spectrum, the greenback was throttled by the 4.4 percent recovery by the Dow and 4.1 percent rebound for the S&P 500 this past week (both closed at two-and-a-half month highs).

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions