cbr quarterly_review, 2008-06-30
Among the factors that gave a strong boost to the dollar in the quarter under review were data on growth in production and decline in first-time jobless claims in the United States, released in April, as well as ECB representatives’ comment on the negative effect of sharp exchange rate fluctuations causing market participants to fix their profits whenever the dollar began to show signs of weakening.
Sentiment: neutral
Topic: mp_exchange_rate