Dollar Rises After ISM Report, Weak US Stocks Increase Risk Aversion and Boosts Yen, Swiss Franc
Thursday, September 4th, 2008
The ECB and BOE decisions didn't hold much in the way of surprises and the GBP/EUR fell after setting a record high overnight. The Dollar got a big lift from its services report, though a sharp slide in US equities weakened carry trade pairs.
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