Euro’s Correlation with Risk Wavers, as Dollar Funding Status in Doubt
December 7th, 2009 by
The Euro briefly regained its footing on the back of dovish comments from Fed Chairman Ben Bernanke which led to the dollar giving back some of its recent gains. The central bank’s leader’s remark that the U.S. economy still faces “significant headwinds” offset the better than expected Non-Farm payroll print.
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