Dollar continues to recover on Fed rates hope
Aug 10 2015
The dollar remained supported against
the Euro and other major currencies on Monday, as the strong U.S Nonfarm
Payrolls data released on Friday has raised expectations for higher interest
rates. While the Euro declined hitting $1.0963
after the release of U.S jobs report. And at the beginning of today trading session,
the Euro tried to recover slightly toward $1.0977. However the market analysts
expect further decline of the EUR/USD.
