FOREX-Dollar presses higher on yield gain, euro sags
Dec-08-2010--The dollar climbed on Wednesday, having already powered up across the board the day before on the back of a spike in US bond yields,
while the euro slipped towards some significant support levels.
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The greenback had risen sharply on Tuesday, gaining 1 percent on the yen and rising against the likes of the Australian dollar after U.S. Treasury yields surged on a proposed extension in U.S. tax cuts, which fuelled concerns about inflation and the cost of the massive debt burden.Dollar presses higher on yield gain, euro sags WORLD Dollar Continues To Rise
On High US Bond Yields
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1-858-366-4777
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