EUR/USD Hits New 4-Month High
March 08, 2011 at 01:42 AM EST
Source: ForexYard EUR/USD Hits New 4-Month High The euro rose to a four-month high against the U.S. dollar on Monday, on steady buying by Middle East accounts. It also appears to have been boosted by favorable interest rate differentials. The EUR reversed earlier losses made after Moody's downgraded Greece's sovereign ratings and assigned . . . → Read More: EUR/USD Hits New 4-Month High