Forex - Greenback Slumps on Equity Rally
5/26/2009 2:00 PM: EUR/$..1.3989 $/JPY..94.95 GBP/$..1.5940 $/CHF..1.0836 AUD/$..0.7857 $/CAD..1.1169 Greenback Slumps on Equity Rally The greenback relinquished gains against the euro and Aussie on the Tuesday session as UK and US markets returned from holiday. The US equity bourses lauded earlier upbeat economic reports, with a sharp unexpected rise in the Conference Board’s May consumer confidence survey to its highest level in 8 months at 54.9, versus a revised 40.8 a month earlier –
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