Euro traded at a record high versus the dollar as views the Fed injection will not suffice U.S. Dollar Trading (USD) was weaker across the board versus a number of majors trading at record lows once again. Many of the moves were on views from Citigroup Inc. to Goldman Sachs Group Inc. which expect the Federal Reserve’s plan to inject $200 billion into the banking system may fail to break the freeze in money-market lending. In U.S. share markets the NASDAQ was down -61.45 points (-0.69%) whilst





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Author:
Easy Forex
Time:
Thursday, March 13th, 2008 at 5:42 am
Category:
FXstreet Technical Market View
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