SubscribeDaily Forex Commentary for September 1, 2009
August 31st, 2009 • Related • Filed Under
September 1, 2009
Dollar Trades Mixed on Light Volume
The U.S. Dollar had a somewhat volatile day in light trading. The Dollar opened higher because of the overnight sell-off in the Chinese equity markets. Traders became risk averse overnight and decided to shun higher risk assets for the safety of the lower-yielding Dollar and Yen.
After a better than expected Chicago manufacturing report, the Dollar reversed course and weakened. Earlier losses in the September British Pound and September Euro were erased by mid-session. The September Canadian Dollar remained under pressure all …
Read More …
More on this topic
(What's this?)
4 Super Quick Ways To Increase Profits In Forex
(Think in Trading, 9/14/09)
A Great Forex Trading System Anybody Can Use
(The Wild Investor, 9/27/09)
Beginning In The Forex Market
(Think in Trading, 8/9/09)
Loading ...
Pingback by Daily Forex Commentary for September 1, 2009 on 1 September 2009:
[...] News Sources wrote an interesting post today onHere’s a quick excerptSeptember 1, 2009 Dollar Trades Mixed on Light Volume The U.S. Dollar had a somewhat volatile day in light trading. The Dollar opened higher because of the overnight sell-off in the Chinese equity markets. Traders… [...]