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US Dollar: Will US Housing Data Exacerbate Fannie Mae, Freddie Mac Fears? US Dollar: Will US Housing Data Exacerbate Fannie Mae, Freddie Mac Fears?
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Old 07-16-08, 10:35 PM
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Lightbulb US Dollar: Will US Housing Data Exacerbate Fannie Mae, Freddie Mac Fears?
EUR/USD hit a new record high on Tuesday morning of 1.6038, but has subsequently backed off since then as the US dollar staged a recovery on the back of commentary by Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson, along with significantly stronger-than-expected US CPI figures. Looking ahead...

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