What is Behind Today’s Dollar Recovery?
December 19, 2008 at 00:05 AM EST
Here’s a snippet from my Daily Currency Focus on GFTforex.com After seeing the US dollar sell off for 5 straight days against the Euro and Japanese Yen, we were not entirely surprised to see today’s recovery, especially on the heels of better than expected economic data. The market has become accustomed to disappointments so good news [...]