Modest rally helps greenback in forex tradingThe U.S. dollar is moving higher in [B]currency trading[/B] on the FX market today. The euro is faltering in forex trading, and the [B]greenback[/B] is gaining the upper hand – at least for now.
Yesterday, the story was different. Ben Bernanke tried to buoy up the dollar with rhetoric, but largely failed as the greenback tanked in [B]forex trading[/B], heading to 15-month lows.
Today, though, things are looking a little different. With equity markets pulling back and commodities losing ground, the [B]U.S. dollar[/B] is finding support. However, this support may not last long, as it is expected that fundamentals will once again assert themselves as economic recovery progresses.
[B]See Also[/B]
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[li]Greenback in Forex Trading[/li]Currency trading on the FX market
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