Forex – Dollar Broadly Lower Vs. Rivals As ECB’s Trichet Awaited
Posted on May 05, 2011 at 07:56 AM EDT
Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, as investors waited to see if European Central Bank President Jean-Claude Trichet would prepare markets for more rate hikes at a press conference later in the day.<br /><br />During European afternoon trade, the greenback was slightly lower against the euro, [...]