Improved signs of economic recovery in the US and in China favour the USD and higher yielding currencies. The Euro loses pace after renewed concerns over Greece
Malta Independent
Monday, 5 November 2012, 14:34
Last update: about 14 years ago
It is interesting to note that despite Hurricane Sandy bringing the East Coast of the United States including New York and Washington to a standstill, the USD managed to close the week higher against most of its major counterparts, lifted by a faster and stronger American economic recovery.