US Dollar Makes Gains in Forex Trading
Greenback gains against euro, yen in currency tradingThe US dollar is strengthening a bit that in forex trading on the currency market. The greenback is making progress against the euro and the yen right now in currency trading.
Against the euro in forex trading, the US dollar is gaining as numbers out of Germany show a weakening industrial sector. Industrial manufacturing in Britian is additionally affecting the UK pound against the US dollar in forex trading.
The greenback is gaining against the yen in currency trading on the remarks of Ben Bernanke. He assures the markets that steos
"We are currently monitoring developments in financial markets closely and considering several options, including extending the duration of our facilities for primary dealers beyond year-end, should the current strange and exigent circumstances continue to prevail in dealer funding markets," Bernanke said in prepared remarks on Tuesday.
See Also
- US Dollar in Forex Trading
Forex trading on the currency market
Original post by Eric J. Fox