June 16, 2010
Dollar Edges Higher; Investors Renew Euro Zone Debt Fears
The U.S. Dollar edged slightly higher against most major currencies on Wednesday as investors pared positions in higher risk currencies on economic worries and Spain
concerns.
Overnight it was reported that the International Monetary Fund, the European Union and the U.S. Treasury were establishing a line of credit for Spain. This news raised
concerns that Euro Zone sovereign debt issues were still out there despite the recent moves by …
