Entries Categorized as 'fx weekly'

Take 2 of Bailout Drama Drives Euro Below 1.40

Date October 1, 2008

It is the beginning of the fourth quarter and demand for US Dollars continues to be voracious, driving the EUR/USD below 1.40. In less than 2 weeks, the most liquid currency pair in the world has fallen close to 6 percent or more than 8.5 cents (850 pips).
However the dollar is not [...]