Traders expect thin trading but higher volatility over Thanksgiving Holiday

The Dollar rose against the Euro on Wednesday as few weak US economic reports renewed worries of a deepening economic recession, leading investors to buy the Dollar as a safe haven. Dollar gains versus the Euro recently have been linked to repatriation of funds and extreme risk aversion instead of economic fundamentals. The Dollar demand for safety increased on Wednesday as US economic data...

Thursday, November 27, 2008