Dollar the Only Way to Go?
Today is the last trading day of the month and traders are squaring back their profits and positioning themselves for next week. The trading action seen today has been choppy and in light of the US GDP – rather dollar friendly! The euro fell further after this morning’s European opening mainly due to interest rate speculations and risk aversion! After the latest FMOC meeting it is clear that Bernanke and his pals are thinking of maintaining low rates but not going below zero, as the deflation