WRLD FREX: Euro Tests Recent Highs Vs Dlr In Thin Market

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- WRLD FREX: Euro Tests Recent Highs Vs Dlr In Thin Market
- Chile Central Bank Gov:Flexible Forex Rate Means More Volatility
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WRLD FREX: Euro Tests Recent Highs Vs Dlr In Thin Market
Wall Street Journal
->WRLD FREX: Euro Tests Recent Highs Vs Dlr In Thin Market ArticleComments NEW YRK (Dow Jones)-The euro is bouncing back against the dollar Monday morning after an overnight sell-off as traders test recent highs in thin market conditions. The common currency rose as high as $1. 4367 recently still shy of last week’s highest levels but up more than a full U. cent from the euro’s intraday low $1.
Related from Auctionsmonster: WRLD FREX: Dollar Shaken In Knee-Jerk Response To Tsy Auction

Chile Central Bank Gov:Flexible Forex Rate Means More Volatility
Wall Street Journal
->Chile Central Bank Gov:Flexible Forex Rate Means More Volatility ArticleComments BUENS AIRES (Dow Jones)-Floating exchange rate policies often lead to more exchange rate volatility which can be reduced with credible central bank policies but which sometimes require intervention Chile’s top monetary official said Monday. “The great problem which exists with a flexible exchange rate is that there is much more exchange rate volatility” Chile’s Central Bank Governor Jose De Gregorio told a conference at the Argentine central bank. Chile’s experience however shows that since a.

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