» US Dollar in Forex Trading

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US Dollar in Forex Trading

Greenback struggles in currency tradingThe US dollar is mixed in forex trading this morning, showing confused signals and unsure of where to go next. After yesterday’s interest rate decisions from the Bank of England and the European Central Bank, things have been a little volatile for the greenback in currency trading.

However, the edge is starting to go against the US dollar in forex trading as oil prices surge and stock markets decline.

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This entry was posted on Friday, May 9th, 2008 at 14:08 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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US Dollar in Forex Trading

Credit market doubts continue to plague greenback in currency tradingThe US dollar continues to struggle in forex trading on the currency market this morning. Despite calls at the G7 meeting for less volatitility in major currencies, the greenback remains jittery in currency trading. Reuters reports on the worries about the US dollar in forex trading:

Those jitters, and fresh doubts about credit markets, are overshadowing support for the dollar from the Group of Seven financial leaders’ strongest expression in seven years about volatility in major currencies, traders said.

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This entry was posted on Tuesday, April 15th, 2008 at 13:53 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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