The dollar surges to its highest level in seven months on a trade-weighted basis as worries over fiscal problems in Europe boost haven demand for the US currency
Feb 05
The collapse in risk sentiment over the past 24 hours has been triggered by seemingly innocuous events, with most news agencies pointing to concerns of sovereign debt woes in Spain and Portugal adding to the well-publicized situation in Greece. Others have also highlighted yesterday’s disappointingly high US claims figures which have certainly knocked optimism for today’s non-farm payrolls. But…
Feb 05
