SubscribeDaily Forex Commentary for August 26, 2009
August 25th, 2009 • Related • Filed Under
August 26, 2009
Dollar Mounts Strong Comeback as Equity Markets Weaken
The U.S. Dollar mounted a strong recovery late in the trading session as equity markets weakened into the close for the second day in a row. Trading has been lackluster for the past few days in the Forex markets highlighted by choppy, two-sided trading on light volume.
Today the Dollar started out lower but quickly regained a little strength in mixed trading following the release of two better than expected U.S. economic reports. Early this morning it was reported that …
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[...] News Sources wrote an interesting post today onHere’s a quick excerptAugust 26, 2009 Dollar Mounts Strong Comeback as Equity Markets Weaken The U.S. Dollar mounted a strong recovery late in the trading session as equity markets weakened into the close for the second day in… [...]