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Dollar Exchange Rate Against Euro Rises for Third Day on U Michigan Confidence Figure

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 18, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The US dollar gained against the euro for the fourth consecutive trading day, as stronger-than-expected University of Michigan Consumer Confidence figures improved otherwise dour sentiment for the US economy. The US currency seemed destined to finish the day lower against its European counterpart, but the unexpectedly positive figures reversed a...

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