Thursday, May 5, 2011

U.S. Dollar Index Eyes 72.00 Ahead Of Non-Farm Payrolls


The USD pared the rebound from earlier this week, with the dollar index slipping to a fresh yearly low of 72.70 on Wednesday, and the greenback may weaken further over the near-term as the slowing recovery in the world’s largest economy dampens speculation for a rate hike by the Federal Reserve.


No comments:

Post a Comment