211612 Resource 119232 120646 120646 1219410582818 1219410582818 Controlled U.S. Dollar Gaining Again in FX Trading

Greenback rises against the euro in forex trading

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The </span><a href="item/211552" target="_blank" title="Ben Bernanke, U.S. dollar FX trading, FX trading, forex traders, FX trading currency market, greenback forex trading, euro forex trading, U.K. pound currency trading" style="font-family: verdana,arial,helvetica,sans-serif;">U.S. dollar took a breather yesterday in FX trading</a> on the currency market, slowing its rally. Today, though, things are back on track for the greenback -- espeically against the euro -- in forex trading.<br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">With </span><a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=anm7g9Y3opuk&refer=currency" target="_blank" title="Ben Bernanke, U.S. dollar FX trading, FX trading, forex traders, FX trading currency market, greenback forex trading, euro forex trading, U.K. pound currency trading" style="font-family: verdana,arial,helvetica,sans-serif;">industrial orders declining in Europe</a><span style="font-family: verdana,arial,helvetica,sans-serif;">, many traders thought yesterday's drop overdone, and losses are being erased today. Additionally, the U.S. dollar is gaining against the yen and the U.K. pound in currency trading.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">For later today, forex traders will be keeping an eye on the testimony of Ben Bernanke. </span><a href="http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/dollar-strengthening-ahead-of-bernanke%27s-speech-2008082257329/" target="_blank" title="Ben Bernanke, U.S. dollar FX trading, FX trading, forex traders, FX trading currency market, greenback forex trading, euro forex trading, U.K. pound currency trading" style="font-family: verdana,arial,helvetica,sans-serif;">ActionForex reports on the impact that his remarks could have</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">The speech will either keep the dollar rising in the market or deteriorate it as investors turn pessimistic about the financial markets in the U.S.</font></div> 9 application/xml false Ben Bernanke euro forex trading forex traders FX trading FX trading currency market greenback forex trading U.K. pound currency trading U.S. dollar FX trading FX trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.16) Gecko/20080702 Firefox/2.0.0.16 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119232 blog blogsite/GFTForex/web