Excerpt from: Forex Forecast
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| November 12, 2008 | | FX trading with the greenback | The U.S. dollar forex trading forecast may not be as rosy as some would like to think right now. Even though yesterday in FX trading the greenback overcame declines against the euro, the rally may not last.
Indeed, there is speculation that the dollar rally that has been seen since Lehman Brothers collapsed earlier this year is in jeopardy. There is just too much else going on. FX Street reports on FX trading with the greenback:
The Greenbacks gain is ``increasingly at risk'' toward the year-end as
declining credit-market rates switch investors' focus to the slowing
economy, according to Bank of America Corp. | Topic Tags: dollar forex forecast, dollar rally, forex trading, forex trading forecast, FX trading, FX trading greenback, U.S dollar forex trading | |
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