Forex trading with the greenbackThe U.S. dollar is rebounding this morning in currency trading on the [B]FX market[/B]. While risk aversion was the name of the game earlier, as Asian stock markets plummeted, there is speculation that things might change soon.
Right now, even though Asian markets are closed, the U.S. stock market is heading much higher, thanks to M&A activity. The news is also turning around European stock markets. However, even so, the fact remains that gold is still below $1,000 and ounce, and oil prices remain below $67 a barrel. This relative weakness is providing some strength for the [B]U.S. dollar.[/B]
It appears as though we will see an interesting dynamic to start the week off in [B]forex trading[/B] for the greenback.
[B]See Also[/B]
[ul]
[li]Forex Trading with the Greenback[/li]Currency trading on the FX market
[/ul]