Greenback Currency Trading

189382 Resource 119241 120646 120646 1194873866122 1194873866122 Controlled Forex Trading Forecast: U.S. Dollar

Risk appetite could return, driving greenback down in currency trading

Right now, the U.S. dollar is gaining on the FX against many majore currencies, especially in Europe. However, it is dropping against the Japanese yen. The forex trading forecast for the U.S. dollar warns that things could turn around, especially for euro/dollar, if risk aversion disappears. <a href="http://today.reuters.com/news/articleinvesting.aspx?type=usDollarRpt&storyID=2007-11-12T083759Z_01_L12144878_RTRIDST_0_MARKETS-FOREX-UPDATE-3.XML" target="_blank" title="greenback currency trading, currency trading, forex trading, forex trading forecast, forex trading U.S. dollar, euro/dollar, forex forecast U.S. dollar, Japanese yen" style="font-family: verdana,arial,helvetica,sans-serif;">Reuters reports on the greenback in currency trading</a>: <div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"> "(But) we would be very cautious of entering further short positions in the yen crosses. We think we are not too far from the end of this and in respect to euro/dollar, any return in risk appetite would once again push it back above $1.47."</div> 9 application/xml false currency trading euro/dollar forex forecast U.S. dollar forex trading forex trading forecast forex trading U.S. dollar greenback currency trading Japanese yen major currencies Greenback Currency Trading Forex trading with major currencies http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.9) Gecko/20071025 Firefox/2.0.0.9 127.0.0.1 127.0.0.1 mmarquit 70.102.74.53 false true false false true 119241 blog blogsite/GFTForex/web