Mar
16
2009
Dollar hits 5-week low vs. euro
Posted by: in Yoga Exercises, tags: Dollar Euro, Emerging Markets, England, Euro Zone, European Stocks, Excerpt, Financial Crisis, Group Of 20 Finance Ministers, Inflation, Investors, Ministers Meeting, Pledge, Random, Reuters, Risk, Wall StreetRandom Feed wrote an interesting post today on
Here’s a quick excerpt
NEW YORK (Reuters) — The dollar touched a five-week low against the euro Monday as European stocks rallied for a fifth straight session and Wall Street also gained, reflecting investors’ renewed taste for risk. A rise in euro zone inflation last month helped push the euro above $1.30 for the first time since Feb. 10. A pledge by the Group of 20 finance ministers, meeting in England on the weekend, to double the resources for helping emerging markets fight the financial crisis also lifte
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