Euro vs Dollar!

On August 1, 2010, in Business & Trade, Forex, by admin

The euro back to the level in early May, The euro has recently climbed to 1.3107 dollars, its strongest level since May 4, beginning its fall against the greenback. The NYSE has opened higher, boosted by corporate earnings in general always better than expected, which has added a new decline in the number of unemployed in the United States: the Dow Jones gained 0.42 % and the Nasdaq 0.66% in opening trade.

The euro advantage and a renewed interest in risky investments to extend its gains against the dollar still penalized by fears over the pace of the U.S. recovery. Before the opening of Wall Street, the single currency was brought to us by encouraging figures on the German labor market and the confidence of entrepreneurs and consumers in the euro area.

Tagged with:
 

Leave a Reply