Dollar Flounders in Calmer Waters
July 14, 2011 at 09:25 AM EDT
Early exuberance seems to have washed away in the currency markets after stability resumed midweek. A revival for risk appetite appears half-hearted and an earlier drubbing for the dollar has fallen by the way side. Dollar-bashing was inspired by the decision to put the credit rating of the U.S. under review and built on selling [...]