Big Money Forums

Go Back   Big Money Forums > Big Money Forum Community Discussions and Announcements > Big Money Discussions > General Discussion and Chat
Register FAQ Calendar Radio Search Today's Posts Mark Forums Read

Reply
Submit Tools Thread Tools Search this Thread Display Modes
  #1  
Unread 11-22-2010, 07:31 AM
gnutrade.satya gnutrade.satya is offline
Member
 
Join Date: Jan 2010
Posts: 184
Rep Power: 15
gnutrade.satya is on a distinguished road
Smile The pound has bounced back and euro rosed against dollar

The pound has bounced back as investors have welcomed the coalition government's fiscal plans.The euro rose against the dollar as worries about debt-strapped Ireland have eased, although lingering worries about the risk of contagion to other euro zone economies could curb further gains.In the currency options market, euro sentiment stabilized for now.Marc Chandler, global head of currency strategy, at Brown Brothers Harriman in New York said: "Overall, with the crisis in Ireland likely coming to a close, for now...(this) means dollar may soften a bit versus the euro as investors consolidate their short positions."
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Google
Forum Jump


All times are GMT -5. The time now is 06:49 PM.

Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.