What Now Greenback?
magonomics
July 25, 2008
The US dollar had been buoyed by the easing of concerns that Fannie Mae and Freddie Mac would fail; a pullback in commodity prices, and weak European and Japanese economic data. However as the last full week in July drew to a close, the greenback lost its momentum as financial fears were rekindled and data shows that the US housing market has not …
What Now Greenback?
Reviewed by magonomics
on
July 25, 2008
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