US Dollar on the Currency Market

200903 Resource 119232 120646 120646 1207138312046 1207138312046 Controlled US Dollar Steady in Forex Trading Ahead of Ben Bernanke Testimony

Currency traders await market moving events

The US dollar has steadied in forex trading on the currency market ahead of Ben Bernanke's testimony today. There is anticipation over his possible remarks on the subject of a <a href="http://www.yieldingwealth.com/ask-the-piggy-bank-what-is-a-recession/" target="_blank" title="US dollar forex trading, Ben Bernanke testimony, euro currency trading, currency traders, US dollar rally, forex trading currency market, US dollar currency market">US recession</a>. After rallying against the euro in currency trading, as well as gaining on other currencies, the dollar has slowed its advance. <a href="http://www.forbes.com/markets/feeds/afx/2008/04/02/afx4842733.html" target="_blank" title="US dollar forex trading, Ben Bernanke testimony, euro currency trading, currency traders, US dollar rally, forex trading currency market, US dollar currency market" style="font-family: verdana,arial,helvetica,sans-serif;">Forbes reports on the US dollar in forex trading</a>: <div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;">'There is caution ahead of the two market-moving events today. First is Bernanke's testimony and second, the ADP release. Both can potentially move the market,' said Thomas Lam, senior treasury economist at United Overseas Bank.</div> 9 application/xml false Ben Bernanke testimony currency traders euro currency trading forex trading currency market US dollar currency market US dollar forex trading US dollar rally US recession US Dollar on the Currency Market Forex trading with world currencies http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.13) Gecko/20080311 Firefox/2.0.0.13 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119232 blog blogsite/GFTForex/web