U.S. dollar rises as unemployment falls and ECB President Mario Draghi emphasizes divergence between U.S. and Eurozone monetary policy.
By Andrea Wong, Bloomberg|August 07, 2014 at 07:31 AM|Originally published on Treasuryandrisk.Com
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The dollar strengthened to an almost nine-month high against the euro after European Central Bank (ECB) President Mario Draghi signaled monetary policy will diverge from the U.S. for an extended period of time.