Dollar Weakens Amid Risk Appetite, Speculation on Central Banks – Bloomberg 08-03-12

Salient to Investors:

Eric Viloria at Gain Capital expects the euro to grind lower as Draghi left many uncertainties open.

Lower volatility makes investments in currencies of nations with higher benchmark interest rates more attractive because the risk in such trades is that market moves will erase profits.

Read the full article at http://www.bloomberg.com/news/print/2012-08-04/dollar-weakens-amid-risk-appetite-speculation-on-central-banks.html