191632 Resource 119232 120646 120646 1196950235677 1196950235677 Controlled Trichet Comments Help Euro in Forex Trading

Euro pares losses against the U.S. dollar in currency trading

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The euro has erased its losses against the U.S. dollar in currency trading this morning. After leaving the ECB interest rate the same, Trichet made hawkish comments concerning inflation. With concern about inflation still present in Europe, the euro is likely to maintain its strength against the U.S. dollar in currency trading. </span><a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aNAknKMkbRoQ&refer=currency" target="_blank" title="euro forex trading, forex trading, U.S. dollar currency trading, currency trading, U.S. dollar, euro currency trading, ECB interest rate, Trichet" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on the euro in forex trading</a><span style="font-family: verdana,arial,helvetica,sans-serif;">:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-style: italic; font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"><font size="2"> Policy makers ``stand ready to counter upward pressure on price stability,'' Trichet said at a press conference in Frankfurt today.</font></div> 9 application/xml false currency trading ECB interest rate euro currency trading euro forex trading forex trading Trichet U.S. dollar U.S. dollar currency trading Currency trading on the FX market http://www.gftforex.com/land/index.asp?aid=446 With concern about inflation still present in Europe, the euro is likely to maintain its strength against the U.S. dollar in currency trading. Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.11) Gecko/20071127 Firefox/2.0.0.11 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119232 blog blogsite/GFTForex/web