Excerpt from: GFT News
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| May 28, 2008 | | Greenback advancing in forex trading | The greenback is advancing in forex trading on the currency market today. As more economic data continues to soften the euro in forex trading, the US dollar advances on the currency market.
Also helping the US dollar in currency trading is the fact that oil prices have dropped. Oil prices have moved well below $130 a barrel, and this is providing some encouragement for the greenback in forex trading on the currency market.
| Topic Tags: euro forex trading, forex trading, forex trading currency market, greenback forex trading, oil prices, US dollar currency market, US dollar currency trading | |
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