Dollar slips vs euro after rally; outlook still upbeat The - TopicsExpress

Dollar slips vs euro after rally; outlook still upbeat The dollar fell on Monday after a two-day rise against the euro as investors locked in gains, but its prospects remained upbeat on expectations the Federal Reserve might scale back its stimulus program sooner than thought following a strong U.S. jobs report. A U.S. government holiday on Monday kept many investors on the sidelines and volumes low. While the euro managed to recoup some of its losses, analysts cautioned against reading too much into Mondays trading. Read more : forex-tsd/financial-news-analytics/26338-forex-news-514.html#post644293

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