Dollar perks up as traders hold breath for financial rescue
Posted by financialbriefs on September 26, 2008
The dollar edged slightly higher against the euro on Friday despite a downward revision to US growth and as traders held their breath for US politicians to decide the fate of a huge financial rescue package.The US Federal Reserve meanwhile launched a new effort with other central banks to keep money markets alive as US lawmakers wrangled over a plan to end the worst financial crisis in almost a century.
