April 23, 2010
Despite Short-Covering Rally, Euro Remains Bearish
The U.S. Dollar finished the week higher despite volatile trading action in the Euro. The Greenback closed decisively higher against the Euro, Swiss Franc and Japanese
Yen while ending up lower against the New Zealand Dollar. The Dollar ended up almost flat versus the British Pound, Australian Dollar and Canadian Dollar.
The Greenback opened the week trading higher against most major currencies except the Japanese Yen as traders sought shelter in lower yielding …
