September, 2009 - Archive

22nd September 2009

Euro hits one year high against the dollar

The dollar took another fall on Tuesday propelling the euro to a one year high against the US currency, as investors resumed selling ahead of the Federal Reserve’s monetary meeting later on this week.
Analysts believe that the fall of the dollar is also due to the Group of 20 summit to be held this week [...]

18th September 2009

Dollar rises against euro to end one year low

The dollar edged up against a host of currencies on Friday and ended a year’s low against the euro, hit the day before as investors turned back to the ailing US currency. The dollar had been on a downward spiral since March as investors shifted to more risky assets due to signs that the economy [...]