Archive for the 'Interest Rate' Category

US Interest Rate On Tap

Tuesday, August 5th, 2008

Yesterday the greenback mainly saw rising trends against its major currency counterparts; however it failed to appreciate against the EUR. The GBP lost about 150 pips against the USD, as the pair fell to the level of 1.9599.
The USD’s rally was much supported by both positive data arriving from the U.S economy and plummeting Oil […]