Dollar surges to two-month high against euro
he U.S. dollar rose to its highest value in two months against the 17-nation euro on April 16, as the risk tolerance of traders engage in fx risk management was impacted by rising Spanish bond yields.
he U.S. dollar rose to its highest value in two months against the 17-nation euro on April 16, as the risk tolerance of traders engage in fx risk management was impacted by rising Spanish bond yields.
The 17-nation euro dropped on April 17, as the sentiment of traders engaged in fx risk management was impacted by news of rising German confidence a Spanish bond auction that generated high yields.
The 17-nation euro declined on April 13, as discouraging economic data including rising Spanish bond yields and weak Chinese growth motivated traders participating in foreign exchange risk management to flee the common currency.