Wednesday, October 7, 2009

Short-term bounce for rates of dollar in long-term decline

Posted on 7:18 PM by Jeff Caceres

In these times, we can see different fundamental concerns weighing on the dollar's health by looking out over different time frames. The currency traders are almost completely concerned with risk appetite through the short-term period. The benchmarket rate of US Dollar has leveled off, or what we call as the three month Libor. But on the Japanese and Swiss counterparts, it's still a discount.


Source: http://www.dailyfx.com/story/topheadline/Dollar_Looks_to_Rates_for_1254959750448.html

No Response to "Short-term bounce for rates of dollar in long-term decline"

Leave A Reply