Fed fallout weighs on dollar (Reuters)

Posted by admin on December 19, 2008 under News | Be the First to Comment

Fed fallout weighs on dollar (Reuters)

A secury guard is reflected on a board showing Nikkei stock price index outside a brokerage in Tokyo, December 12, 2008. (Toru Hanai/Reuters)Reuters – The dollar hit a 2-1/2 month low against the euro and held close to a 13-year low versus the yen on Thursday, pressured by the Federal Reserve’s aggressive rate cut this week, while European stocks ticked higher.


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