» US Dollar Strengthens in Forex Trading

US Dollar Strengthens in Forex Trading

Currency trading with the greenbackAfter a choppy end to last week for the US dollar in forex trading, things are starting to turn around. In currency trading, the greenback is showing strength as oil prices retreat slightly.

Additionally, some feel that the decline of the US dollar in forex trading due to the credit market crisis was a little extreme. On top of that, there is speculation that US interest rate cuts are likely over.

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This entry was posted on Monday, May 12th, 2008 at 14:43 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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