Day: February 21, 2010

Dollar Post Record Advance Versus Euro on Fed Tone

The dollar ended another week gaining versus the euro and the pound as the economic conditions in North America remain far more attractive than in the other side of the Atlantic, increasing the number of traders who are switching their investments from Europe towards the United States. After completing the sixth straight weeks advancing versus the euro, the dollar set the record for the longest weekly winning streak versus Europe’s single currency in 10 years, after […]