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Greenback Consolidates Gains

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

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Narrowly higher Friday, the dollar consolidated gains from this week's lower energy prices and reduced risks from a financial meltdown. The greenback was also supported by Federal Reserve Bank of Minneapolis President Gary Stern's hawkish comments. The EUR/USD was little changed above the 1.58-support as German producer-price inflation accelerated at...

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