Posted by R. MAK. on September 11, 2009 ·
On Friday, there has been a fall of the U.S. dollar to a one-year low against major currencies as investor optimism about the global economy has been reinforced by Chinese and U.S. economic data and…
Posted by R. MAK. on September 9, 2009 ·
On Wednesday the U.S. dollar fell, as investors moved to riskier assets like stocks and higher-yielding currencies and now it has touched new low levels for 2009 against major currencies.Hopes for economic recovery has been supported by the rally in European and U.S. stocks, and together with the fall in U.S. dollar borrowing costs, it has encouraged investors to…
