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Dollar rises against major currencies
Associated Press 06.30.08, 7:36 AM ET
Berlin -
The dollar rose against major currencies Monday despite a new record for oil and a report showing yearly inflation in euro nations hit a record 4 percent in June.
Inflation may put pressure on the European Central Bank to hold off on expected rate hikes later this week.
Oil is up, however, on some Iran news. Let's see how gold does under these conditions.
Dollar rises against major currencies
Associated Press 06.30.08, 7:36 AM ET
Berlin -
The dollar rose against major currencies Monday despite a new record for oil and a report showing yearly inflation in euro nations hit a record 4 percent in June.
Inflation may put pressure on the European Central Bank to hold off on expected rate hikes later this week.
Oil is up, however, on some Iran news. Let's see how gold does under these conditions.
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