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Excerpt from:  Forex Analysis
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May 15, 2008

Forex Trading Strategy: US Dollar

Currency trading with the greenback
Forex trading strategy regarding the US dollar should consider that sentiment is starting to turn in favor of the currency. In currency trading, the greenback is starting to see a little more support as many feel that the US economy is emerging from its problems.

Even though the CPI data from April was somewhat disappointing, the dollar is still holding up on the FX market. And the risk appetite that is resulting also has the consequence of increasing the popularity of the carry trade.
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PermalinkForex Trading US Dollar
.Currency trading on the FX market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  carry trade, CPI data, currency trading, currency trading greenback, dollar FX market, forex trading, forex trading strategy, forex trading US dollar, US economy
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