U.S. Dollar Rallies Against All Majors on Risk Aversion Wave

Saturday, July 11, 2009


July 11th, 2009
The greenback, as the dollar is often referred to, climbed versus virtually all of the 16 most traded currencies, as unfavorable economic reports worldwide brought risk aversion up among traders this week, favoring the low-yielding safety profile of the North American currency.

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