January 25, 2010
Dollar Falters as Sentiment Shifts Back Toward Higher Risk Assets
The U.S. Dollar eased a bit on Monday against most major currencies as investor sentiment shifted back toward putting “risk on.” News today centered on Greece’s effort to shore up its
finances by offering five-year bonds. Apparently the offering was well received by the investing public as demand exceeded 20 billion Euros. Early expectations were for demand of 3 to 5 billion
Euros. This indicates the European investing community has faith and confidence in …
