Dollar Trades Near 3-Month Peak Against Euro

Monday, December 21, 2009 at 4:37 pm

Dollar Trades Near 3-Month Peak Against Euro, The reports about the improvement in the world economy have boosted the value of dollar three-month high in the international market. Prediction of rise in the sale of houses in US helps dollar to improve the position. Euro shrank to the level of $1.433 after March, while dollar rose to 90.323 yen in Asian markets. European central bank has predicted that more losses are imminent, which would lower the value of Euro.