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Excerpt from:  Forex
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November 21, 2008

U.S. Dollar Pulls Back a Bit in Forex Trading

Greenback drops a little in currency trading
Yesterday, the U.S. dollar moved higher in forex trading on the currency market as risk aversion sent financial markets heading for safety.

With the U.S. stock market ending rather lower and high yielders like the the down under currencies struggling, the greenback gained more traction in currency trading.

Today, though, the story is a little bit different. Some stability has returned to the sterling in FX trading, and the euro is doing its best to move into the resistance zone.
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PermalinkGreenback in Currency Trading
.Forex trading on the currency market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  currency trading, down under currencies, forex trading, forex trading currency market, FX trading, greenback currency trading, sterling FX trading, U.S. dollar forex trading
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