Thread: The US dollar was on track against major currencies
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Unread 10-25-2010, 04:26 AM
gnutrade.satya gnutrade.satya is offline
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Smile The US dollar was on track against major currencies
The US dollar was on track against major currencies on uncertainty ahead of the outcome of a meeting of global finance ministers and as the euro repeatedly ran into resistance.Currency speculators further reduced bets against the US dollar.Analysts said: "once a G20 meeting on currency imbalances is out of the way the greenback will fight an uphill battle."The euro was last little changed at $1.3935. The euro is up 9 percent against the dollar.
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