Excerpt from:  Forex News
.
September 01, 2010

High Beta Currencies Head Higher in Forex Trading

U.S. dollar down against sterling and euro

The U.S. dollar is down against the sterling and the euro in forex trading today. High beta currencies are moving higher as the global economic outlook gets a little boost from the positive manufacturing data out of China.

Earlier, sterling moved lower against the U.S. dollar, but it has since recovered, and is now moving, along with the euro, higher in forex trading

The U.S. dollar is down across the board, losing ground to the Aussie and the yen on top of falling against the sterling and the euro.

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Topic Tags:  currencies, euro forex trading, forex trading, high beta currencies, U.S. dollar, yen

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