(Bloomberg) -- The euro fell to the lowest level in
more than five weeks against the dollar as investors reduced bets
the Federal Reserve will cut interest rates in 2007.
Europe's currency also declined as the yield differential
between 10-year U.S. notes and similar-maturity German debt
widened last week to the most in more than a month, boosting the
appeal of U.S. assets.
Read more at Bloomberg Currencies News
more than five weeks against the dollar as investors reduced bets
the Federal Reserve will cut interest rates in 2007.
Europe's currency also declined as the yield differential
between 10-year U.S. notes and similar-maturity German debt
widened last week to the most in more than a month, boosting the
appeal of U.S. assets.
Read more at Bloomberg Currencies News
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