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Euro Up Against The Dollar at $1.4057

Euro up against the dollar at $1.4057 on strong German consumer news  The euro recovered some ground against the dollar Monday after a German survey showed consumer confidence is stabilizing in the European Union's largest economy.The 15-nation currency bought $1.4057, up from the $1.3887 it had plummeted to late Friday in New York. That followed a volatile week that saw the euro reach its... [read more]

ForexGen | Obama Reassures Nervous Nation on Ailing Economy

Obama reassures nervous nation on ailing economy, names former Fed chair to economic teamPresident-elect Barack Obama sought to reassure the nation and nervous holiday shoppers about the ailing economy Wednesday as beleaguered stores braced for their most important month of the year."Help is on the way," he proclaimed at his third news briefing on the economy this week. Fifty-five days away from... [read more]


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