Dollar slipping continually

posted by   lalitnagrath (74)   13 months ago (chandigarhboy.blogspot.com)

The Dollar slipped on Tuesday, a day after its strongest rally against the Euro in more than a year, as rebounding global stock markets rekindled investors' appetite for risky assets. Market attention is also focused on Wednesday's US Existing Home Sales report amid fears the data would point to a further deterioration in the housing market and increase the chances of more Federal Reserve interest rate cuts this year.