Archive for April, 2008
Dollar Advances in EURUSD Pairing
The USD rose to it’s highest value against the Euro this year.
UBS and Lehman Brothers claimed they’re raising $19bn, bolstering investor confidence in the USD.
Lehman Brothers sold $4bn in stocks and UBS announced plans to seek $15bn in a rights offering, leading to the USD gaining against the Swiss Franc (CHF) and the Danish Krone.
According [...]
