Excerpt from: GFT News
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| June 25, 2008 | | 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.
| Topic Tags: currency trading, euro forex trading, forex trading, interest rate, US dollar, US dollar currency trading | |
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