Dollar trading was mixed Thursday morning as European leaders met to work out a rescue package for Greece and Federal Reserve Chairman Ben Bernanke testified to Congress about ending emergency aid to markets. The 16-nation euro fetched $1.3332, down slightly from $1.3338 late Wednesday in New York.
European and U.S. stock markets earned significant pace today (Thursday) by the newly announced U.S. jobs data. Meanwhile investors all around the world are awaiting Summit of EU leaders in Brussels for any valuable information regarding Greek debt crisis.
More »US Dollar (USD) reached a 10 month high value on 24th of March as huge deficit in Greek economy still has an unclear future, where a Portugal’s note was downgraded by Fitch Ratings. These two concerns made a accumulated effect, setting the Euro US Dollar pair valu right below its long tailed 1.34 value.
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