What's next for the dollar? Good question. It depends on which set of economic data points you emphasize, or which mindset/narrative you believe is dominant in the currency markets. After a nearly two-week decline against the world's other, major currencies, the dollar see-sawed with the euro for the upper hand Friday, as dollar bulls and dollar bears each tried to make their case that their view was more supported by current conditions. The dollar strengthened one-half cent versus the euro to $1.4696 and about 1.8 cents versus the British pound to $1.6260 on Friday at mid-day.
Continue reading Dollar's rise may be brief
Dollar's rise may be brief originally appeared on BloggingStocks on Fri, 18 Sep 2009 18:40:00 EST. Please see our terms for use of feeds.
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