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Thread: The dollars rallies to a six-week high against the euro!
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[quote=YVONNE,286938]In previous months, the dollar has been depreciating seriously with US Fed’s move to cut the interest rates. However, it has rebounded in recent days. Yesterday, the dollar even rebounded to a six-week high against the euro. Some investors believe that this marks that US economy is entering its recovery period. However, some Euro zone officials comment that the current dollar-euro exchange rate is UNHELPFUL to both the US and Europe. Also, both the US and the Europe hope that the dollar can rise rapidly. What’s your opinion on the dollar rise? Does it really suggest that US economy is recovering?[/quote]
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