Mixed Reaction from Dollar as Labor Market Soothes Pain
August 05, 2011 at 09:23 AM EDT
It’s difficult to isolate the impact of the recent debt-ceiling debate from the value of the dollar, with rationale argument concluding that the greenback has cheapened in face of longer-term budget concerns. What remains strange is, given that the European debt crisis is not only at the heart of the current bout of weakness but [...]