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Excerpt from:  Foreign Exchange Rates
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January 17, 2008

Euro Regains Upper Hand Against U.S. Dollar in Forex Trading

Euro rebounds in currency trading on the FX market
After plunging yesterday on ECB rates comments, the euro is regaining ground against the U.S. dollar in forex trading today. Reuters reports on the euro in currency trading on the FX market:

"It's obvious that he wants to remind the market that the ECB is still very much looking at tightening policy should they see second round effects feed through to wage pressure. So it puts us back to where we were on Tuesday."
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PermalinkEuro in Currency Trading
.Forex trading on the currency market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  currency trading, ECB rates, Euro currency trading, forex trading, FX market, U.S. dollar forex trading
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