
Money – Traders continue to pare their short USD positions against major currencies like the Euro, Swiss franc, Japanese yen and the British pound. Although interest rate differentials do not favor the US dollar in the medium- to long-term, the currency has managed to recover on the back of a strong rally in US stocks after the
Not a member? Sign-up today!
Visit AOL Money for the latest market news, stock quotes, the web's best online portfolio manager and help with every aspect of personal finance.