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US DOE

US DOE latest

Al Bawaba
December 20th, 2006 - 11:33 GMT

US Dollar Gains on Further Profit Taking Ahead of Holiday

The US Dollar regained ground for the first day since Friday, as relatively thin market conditions allowed profit-taking to produce a large move. Despite reaching intraday highs of 1.3248, the EURUSD saw continued offers bring it down to lows of 1.3160 through afternoon trade. In similar form, the GBPUSD moved to three-week highs at 1.9751 before selling interest found a floor at 1.9619. With no new <?xml:namespace prefix = st1 ...
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