Pound resumes incline in markets

11 March 2010 @ 09:38 am EDT

As the stock markets are declining from the continued pessimism in the markets therefore causing investors to sell higher-yielding assets and buying lower yielding assets which therefore boosts the dollar in markets, as currently we see the dollar rising. The Dollar Index, which measures strength of the dollar versus six major currencies, is currently traded at 80.46 while recording a high of 80.56 and a low of 80.23.

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

E-Newsletters

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