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Excerpt from:  Forex Analysis
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August 28, 2008

Forex Trading Strategy: U.S. Dollar

Profit taking leads greenback lower in currency trading
Forex trading strategy for the U.S. dollar should consider that profit taking is leading the greenback lower in currency trading. As the U.S. dollar has made some very solid gains in the past weeks, some are concerned that the dollar run may be coming to an end.

But profit taking is not the only item affecting the dollar in FX trading. Economic worries are once again coming to the fore as the financial sector continues to struggle and banks continue to fail.
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Topic Tags:  currency trading, dollar FX trading, forex trading, forex trading strategy, forex trading U.S. dollar, FX trading, greenback currency trading
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