Dollar down ahead of key events

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Dollar down ahead of key eventsFITITOL–>FXstreet.com (Buenos Aires) – Dollar fell across the board after New York midday report said the Chinese had asked the G8 to debate a new reserve currency at next week’s heads of state summit. Euro reached an intraday high of 1.4201, while Gbp reached 1.6544 where both currencies halt there rallies and started a downside correction. Anyway, expect the majors to remain in ranges ahead of the ECB meeting and the US employment data to be release early tomorrow in Europe. Nikkei could trigger some risk appetite spike, following S&P and DJIA positive close early in America

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