231276 Resource 119247 120646 120646 1240844327576 1240844327576 Controlled Swine Flu Knocks Down Dollar in Forex Trading Greenback retreats in currency trading <p><font size="2" face="verdana,arial,helvetica,sans-serif">The <b>U.S. dollar</b> is being knocked around in forex trading on the currency market today. It was showing signs of slowing down last week as things looked better for the global economy. Now, though, <b>swine flu</b> is changing the story.</font></p> <p><font size="2" face="verdana,arial,helvetica,sans-serif">Right now, the greenback is retreating in currency trading as investors and <b>forex traders</b> show their concern that concerns over swine flu will damage tourism and other money-makers for the U.S. economy.</font></p> <p> <font size="2" face="verdana,arial,helvetica,sans-serif">The<a href="item/231275" target="_blank" title="swine flue, U.S. dollar, dollar forex trading, forex trading, currency market, currency trading, greenback currency trading, safe haven"> yen is gaining as forex traders</a> look for a safe haven that is not the U.S. dollar. Indeed, the greenback is rapidly losing its popularity as a safe haven in currency trading reports <a href="http://www.fxstreet.com/technical/market-view/forex-daily-analysis/2009-04-27.html" target="_blank" title="swine flue, U.S. dollar, dollar forex trading, forex trading, currency market, currency trading, greenback currency trading, safe haven">FX Street</a>:</font></p> <blockquote> <p><font size="2" face="verdana,arial,helvetica,sans-serif">In other news, fears of the recent outbreak of swine flu put a major dent in the Dollar as traders began speculating that <b>U.S. tourism would drop in the coming months as a result</b>, and therefore pulled out from the greenback in exchange for an alternative safe-haven. </font></p> </blockquote> 9 application/xml false currency market currency trading dollar forex trading forex trading greenback currency trading safe haven swine flue U.S. dollar More on Swine Flu Swine flu story http://www.google.com/hostednews/afp/article/ALeqM5hrqYkZUDNVkZgXFPArH6vpMqtXAQ Greenback in Currency Trading Forex trading on the currency market http://www.fx360.com/?aid=5704 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.9) Gecko/2009040820 Firefox/3.0.9 GTB5 127.0.0.1 127.0.0.1 mmarquit 66.182.66.2 false true false false true 119247 blog blogsite/GFTForex/web