Market Intelligence - 06.05.08
06/05/2008
MacroeconomicsOver the past weeks the market pattern has shifted a bit.Having finally broken the next magic figure of $1.60 against the euro the dollar started a sharp recovery that has led it to a gain of almost 4% in a week. Even another rate cut of 0.25 % by the Federal Reserve failed to halt this recovery. The change in the market mood was...