Tag Archives : U.S. dollar borrowing costs

Dollar touches 2009 lows as Risk Appetite Increases

Dollar touches 2009 lows as Risk Appetite Increases

Posted by on September 9, 2009 · 0 Comment

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…

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