Excerpt from:  GFT News
.
May 14, 2008

US Dollar Making Gains in Forex Trading

Currency trading with the greenback
Some are saying that the worst is over for the US economy. And this means that the worst may be over for the US dollar in forex trading as well. For the second day this week in currency trading, the greenback is gaining.

After Q1 showed and overall loss for the US dollar in forex trading, the forecast for the currency looks a little brighter. And yesterday's retail sales data certainly helped with currency trading the greenback, and today's consumer price index is anxiously awaited.

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Topic Tags:  consumer price index, currency trading, currency trading greenback, forex trading, retail sales data, US dollar forex trading, US economy

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