November 20, 2009

Euro Traders Sensitive to Efforts to Talk Up Dollar

The U.S. Dollar posted a strong gain versus major currencies on Thursday as investors pulled money out of higher risk assets and sought refuge in the safer Greenback. Recent weak
U.S.

economic data is making traders think twice about buying riskier stocks and commodities at the current lofty levels.

The EUR USD traded sharply lower early in the Thursday trading session but managed to erase …