Friday, October 5th, 2007
FOCUS ECB unlikely to resort to market intervention to weaken euro LONDON (Thomson Financial) - The European Central Bank (ECB) is unlikely to go as far as intervening in foreign exchange markets to weaken the euro but is more likely to try to 'talk it down' ...
Posted in Currency markets | Comments Off
Friday, October 5th, 2007
Dollar Little Changed as Traders Buy Euros After Jobs Report Bloomberg - We heard of large central bank diversification as the euro fell,'' said Mark Meadows, strategist in Washington at currency-trading company Tempus Consulting Inc. ``That turned the train around.'' The dollar traded at $1.4136 per euro at 1 ... ...
Posted in Euros | Comments Off