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Day: March 30, 2010
March 302010
EUR/USD Corrects After Setting Local High
EUR/USD declined significantly after it has set a new highest level in more than a week today. It looks like the positive consumer confidence and home price dynamics have helped the U.S. dollar to recover. EUR/USD is now trading near 1.3411 after rising as high as 1.3536 earlier. S&P/Case-Shiller home price index in its seasonally adjust value for 20 U.S. cities went up to 146.32 in January. It […]
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March 302010
Dollar Down on Renewed Global Confidence
After a rally that set the greenback to the highest level in 2010 versus the euro last week, the dollar started this Monday’s session losing versus important worldwide currencies, as risk appetite brought investors to purchase assets in higher-yielding markets. The U.S. dollar became less attractive today as expectations regarding the global economic recovery in 2010 gained strength before reports that are likely to bring positive data in both North America […]
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