222456 Resource 128460 120646 120646 1230911306298 1230911989477 Controlled U.S. Dollar Starts 2009 Higher in Currency Trading Dollar gains against the euro in forex trading <font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The <a title="U.S. dollar, dollar currency trading, currency trading, forex trading, euro forex trading, oil prices, FX trading, FX market" target="_blank" href="http://www.marketwatch.com/news/story/story.aspx?guid={3BBAD17A-18B9-4FBD-AA15-63416C2C566A}&siteid=rss">U.S. dollar is starting 2009 higher</a> in currency trading on the <span style="font-weight: bold;">FX market</span> as euro zone economic data shows that the economy on the other side of the Atlantic continues to slow. Indeed, the dollar is at a two-week high against the <span style="font-weight: bold;">euro in forex trading</span> today.</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;">Greenback is also being helped by lower <span style="font-weight: bold;">oil prices</span>. Continued concerns about the global recession weigh on oil prices, causing them to drop. The <span style="font-weight: bold;">U.S. dollar</span> often moves inversely to oil prices, and as they drop, greenback often gains in <span style="font-weight: bold;">FX trading</span>.</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;">However, a contraction by U.S. manufacturing may serve to limit today's dollar gains in <span style="font-weight: bold;">currency trading</span>. Additionally, there has been some observation that <a title="U.S. dollar, dollar currency trading, currency trading, forex trading, euro forex trading, oil prices, FX trading, FX market" target="_blank" href="http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-01-02.html">euro dips in forex trading</a> have recently been turning into bounces.</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;">It is clear that there is still a measure of increased volatility on the <span style="font-weight: bold;">FX market</span> that will not be easily done away with.</span></font><br /> 9 application/xml false currency trading dollar currency trading euro forex trading forex trading FX market FX trading oil prices U.S. dollar The U.S. Dollar Index in 2008 Greenback saw a successful year in forex trading http://forex.gftforex.com/public/item/222379 U.S. Dollar in Currency Trading Forex trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 <!--SocioFluid--><script type="text/javascript" src="http://www.sociofluid.com/sf.php?widget=124320-000103040b0d0e1011"></script><noscript><a href="http://www.sociofluid.com/">SocioFluid</a></noscript><!--SocioFluid--> Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.5) Gecko/2008120121 Firefox/3.0.5 127.0.0.1 127.0.0.1 mmarquit 66.182.66.2 false true false false true 128460 blog blogsite/GFTForex/web