Excerpt from: Forex
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| July 24, 2008 | | Greenback gains in currency trading | The greenback is gaining in currency trading on the FX market today. Lower oil prices have been helping the US dollar in FX trading, and there has been a measured return to risk appetite.
Even with the higher initial US jobless claims being reported right now, the greenback is still seeing success in currency trading. One of the main supports for the US dollar in FX trading is the confidence that the government will support the stock market and the economy.
| Topic Tags: currency trading FX market, FX trading, FX trading currency market, greenback currency trading, lower oil prices, US dollar FX trading, US jobless claims | |
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