December 10, 2009
Dollars Falls Sharply against Pacific Rim Currencies
Stronger global equity markets contributed to the weakness in the Dollar early in the trading session as traders once again increased demand for more risky assets after reassessing
U.S. economic data and the odds of an interest rate increase by the Federal Reserve.
The U.S. Dollar finished mixed against most major currencies with the massive losses coming against Pacific Rim markets.
The NZD USD posted a strong gain fueled by the prospect of an …
