Can the Dollar’s Sustain its Momentum Next Week? |
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Euro Hit by Ireland’s Rejection of the Lisbon Treaty British Pound Held Back By the Dollar Can the Dollar’s Sustain its Momentum Next Week? Since the beginning of this week, the Euro has fallen more than 500 pips against the US dollar, its biggest weekly gain in 3 years. The prospect of a rate hike by the Federal Reserve in August and/or September as well as key event risks over the next 48 hours has currency traders rushing out of Euros. This morning, headline consumer prices grew by a more
Filed under: Fundamental
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