Mid-Day Report: Dollar Stronger on Iran Euro Sales Rumor

By | June 2, 2010

Dollar is slightly firmer today on rumors that Iran central bank began the process to reduce euro reserves from 55% to 20-25% and convert them to dollar and gold. The first stage of sales has started, which involves selling of 15b euros and is expected to be completed by September View full post on Action Insight (All Reports)


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