USD Is at Crossroad, Awaiting G-8 and BRIC Meetings
USD Is at Crossroad, Awaiting G-8 and BRIC Meetings The dollar rose on Friday ahead of the G-8 meeting this weekend and the BRIC meeting on June 16. BRIC countries will possibly discuss an alternative global reserve currency. US consumer sentiment rose for a fourth straight month in June, but the consumer expectations index, a leading indicator, fell. Eurozone industrial production dropped more than expected. The S&P 500 rose 1.32 points to 946.21. The yen fell as Japanese Finance Minister
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