Pressure on the US Dollar, strong Euro - je 24.09.2008 08
Constanze TressSeptember 24, 2008
Fresh doubts over how the US will pay for the proposed financial rescue package are putting pressure on the Dollar. Currency markets want more clues as to how the Fed will buy toxic mortgage debt and at what price. Volatility is not just confined to equity and bond markets. Currency markets are also on edge. We have this report from Frankfurt.