Tuesday, August 4, 2009

U.S. Dollar in Forex Trading

The U.S. dollar has moved into mixed territory today in forex trading, after seeing a rebound earlier. Ben Bernanke's op-ed piece in the Wall Street Journal, and expectation of his testimony before Congress today sent the greenback a little higher. However, things have cooled off a bit. The dollar is higher against the sterling right now, but down against the euro in forex trading.

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