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Dollar Loses Ground As Risk Play Prevails.

Authors :
Davis, Bradley
Source :
Wall Street Journal - Eastern Edition. 11/10/2009, Vol. 254 Issue 112, pC9. 0p. 1 Graph.
Publication Year :
2009

Abstract

The article reports on currency trading as of November 9, 2009. It notes that the U.S. dollar lost ground against the euro and other higher-yielding currencies following the pledge made by the Group of 20 industrial and developing nations not to lift the economic-stimulus programs until global recovery is guaranteed. It adds that most of the gains of the euro resulted from trading in Asian and European markets. The euro ended stronger at 1.4988 dollars while the dollar traded at 90.01 yen.

Details

Language :
English
ISSN :
00999660
Volume :
254
Issue :
112
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
45343000