December 30, 2009
Dollar Ekes Out Small Gain After Choppy Session
The U.S. Dollar finished higher after a choppy trading session, but well off its high. The Greenback opened higher after global equity markets weakened following an overnight drop in
demand for higher risk assets. The Dollar surged to its high for the day against most major currencies after the release of a better than expected Chicago PMI report.
This report signaled that the U.S. economy is recovering from the recession. After the early morning rush to …
