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May 07, 2008

Forex Trading Forecast for the US Dollar

Currency trading with the greenback
After faltering earlier this week in forex trading, the US dollar is recovering a bit this morning on the currency market. Currency trading with the greenback should consider that inflation worries in the US could prompt an end to monetary easing -- and even a possible interest rate hike.

Additionally, the focus in currency trading on the FX market is shifting away from the economic troubles in the US to the economic woes in the euro zone and in Britain. The forex trading forecast for the US dollar is looking a little better, and it appears that the era of easy money via US dollar shorting is drawing to a close. 
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PermalinkCurrency Trading with the Greenback
.Forex trading on the currency market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  currency market, currency trading, currency trading FX market, currency trading greenback, euro zone, forex trading, forex trading forecast, forex trading US dollar, inflation US
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