1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Dollar Mixed on Falling Consumer Confidence

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 16, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The dollar traded mixed on weaker-than-expected US economic data on Friday. The yen and Swiss franc rose as falling US stocks increased risk aversion and demand for carry-trades. The Australian dollar rose as the Reserve Bank of Australia is seen to increase the aussie's yield advantage. The Canadian dollar fell...

    complete article here...

Share This Page