“The main factor boosting the risk sentiment today is from the PMI reports globally,” Vassili Serebriakov, a currency strategist at Wells Fargo & Co. said in the article. “Markets are pricing in a more constructive outlook for global growth in 2012, so that’s the main factor behind dollar weakness and stronger risk appetite.”
WisdomTree Dreyfus Euro Fund
For more information on the euro currency, visit our euro category.
Read the disclaimer; Tom Lydon is a board member of the funds for Rydex|SGI.
Max Chen contributed to this article.