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

Euro-US Dollar Surges on Bigger-Than-Expected Drop in US CPI Only to Drop Later on Ri

Discussion in 'Fundamental Analysis' started by ActionForex.com, Nov 19, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The US dollar initially weakened versus the euro upon the release of US inflation figures, only to rebound in the afternoon as dim prospects for an auto industry bailout lead stocks lower and boosted demand for safe-haven assets. Looking at the data on hand, the Consumer Price Index (CPI) plunged...

    complete article here...

Share This Page