Excerpt from:  GFT News
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July 18, 2008

US Dollar Gains Against Euro in FX Trading

Greenback could post weekly gains against the euro in currency trading
The US dollar is gaining against the euro in FX trading on the currency market this morning, heading for what is likely to be a weekly gain for the greenback. In currency trading, the US dollar has rebounded after a rocky start this week.

The dollar is also gaining against the euro in forex trading despite a sluggish start this morning. Equitites and oil prices are still in a state of flux right now, and that is creating some confusion as to where the greenback will actually land in currency trading, but an overall gain for this week against the euro seems likely.



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Topic Tags:  euro currency trading, euro forex trading, euro FX trading, FX trading currency market, greenback currency trading, US dollar FX trading

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