Dollar Mildly Lower Ahead of FOMC
January 28, 2009 by admin · Leave a Comment
The optimistic tone which began in Asia continued into the European session on Tuesday. EUR/USD traded through barriers at 1.3300 following better than expected German IFO data while GBP/USD rose to 1.4240 after the UK CBI distributive trades figures were, again, above forecasts and the UK authorities announced a package of loans to the UK car industry in the sum of £2.3 billion. Later in the…
