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Central Banks Get Weaker Currencies
Posted on May 03, 2012 at 11:42 AM EDT
The currencies are still in rut versus the dollar this morning. They haven’t lost more ground, just stuck in a rut. The euro (EUR) should have gained on the news that Spain was able to auction bonds this morning and meet their target, while France sold bonds and saw their yields drop. These two auction [...] Central Banks Get Weaker Currencies originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas. Recently Agora Financial released a video titled " What Causes Gas Price to Increase? ".
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