Euro and pound spike against dollar

04 November 2009 @ 11:31 am EDT

Yesterday's session reverses as currently we see the dollar reverse its gains versus major currencies led from higher stock markets. Once again there is optimism in the markets as a result of improved profits from banks therefore encouraging investors to buy higher yielding assets while selling lower yielding assets therefore weighing on the dollar's strength causing it to depreciate in the markets.

For more forex information, go to www.ecpulse.com

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy