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View Full Version : Might This be the End of the Dollars Decline?



arenas_11
05-17-2005, 12:29 PM
US producer costs, which surpassed analyst expectations helped propel the dollar as if market information hasn't provided support for the buck. Information directed investors to speculate increases in US interest prices. Treasury yields were pushed higher. Against the greenback, the euro traded at $1.2600 while the dollar traded at 107.36 yen. Housing starts in April may include some support.

Based on some Merill Lynch poll published on Tuesday, finance managers consider the euro will probably eliminate value during the subsequent 12 weeks against the dollar. 37 percent of the surveyed chosen the yen since the money to appreciate in value. Really, current indiors indie the greenback will rise against the euro.