Excerpt from:  GFT News
.
June 25, 2008

Euro Gains in Forex Trading

US dollar falters in currency trading on the FX market
The euro is gaining in forex trading, increasing its long position as the Fed's interest rate decision is awaited for the US dollar.

The US dollar has been weakening a bit in currency trading after showing a strong run. And the euro is doing well in forex trading as inflation prompts speculation that a rate increase -- rather than a rate decrease -- could be in order.

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Topic Tags:  currency trading, euro forex trading, forex trading, interest rate, US dollar, US dollar currency trading

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