BULLFAX : “Dollar Edges Higher in Pre-Christmas deals”
Currencies Direct December 22nd 2010 - < 1 minute read
The dollar climbed against the euro on Monday amid stubborn eurozone fears and light pre-Christmas trade, dealers said. In morning trading in London, the euro eased to 1.3154 dollars from 1.3185 dollars in New York late on Friday. The dollar fell to 83.80 yen from 83.87 yen on Friday."Expect very light trading conditions, and current themes across the euro, dollar and Sterling will almost certainly continue into the New Year," said analyst Phil McHugh at Currencies Direct in London.