Spiga

Dollar Rally Rolls On

Forex News The dollar rallied for a second day Wednesday, helped by crude oil prices that remained vulnerable to more declines and a Beige Book from the Federal Reserve that suggested price pressures are elevated or rising. The euro fell to a two-week intra-day low of $1.5670, and the yen also retreated against the buck. Wednesday afternoon, the euro was at $1.5678 from $1.5778 late Tuesday. The dollar was at Y107.90 from Y107.33, while the euro was at Y169.17 from Y169.32, according to EBS. The U.K. pound was at $1.9987, from $1.9912, and the dollar was at CHF1.0391, from CHF1.0315 late Tuesday.



0 comments: