Demand For The Dollar Took A Break

The greenback trading volumes improved technically. Data Night view Americans surprised that the Dollar is expected to consolidate It is expected the FOMC meeting for Tuesday All times EASTERN (-4 GMT) 9:00 am USD S & P / CS Composite-20 HPI y / y 10:00 am USD CB Consumer Confidence 10:00 am USD Richmond Manufacturing Index You may Paulson, U.S. Treasury secretary will discuss the dollar traded in two sense, within predetermined ranges, and ranges remained overnight for most of the day. John Groce gathered all the information. Despite the fall of the stock market, and falling commodity prices, demand for the greenback took a break. The American stock market opened lower, but then regained the lost ground and ended up with some, any global stock market is attracting investors, and fears of a global recession increase. The LIBRA did not touch the 1.5275 area at night, and ended up 50% by what may happen as an investment. The Euro remained low in the opening, but then was around the 1.2500 area throughout the day.

Both pairs operated volumes remained low, but improved over the last few days. U.S. data that were released were amazing and positive, but both pairs were under pressure and now will be what will happen to interest rates, and may you see a reduction of the same this week. USD / JPY remained within the ranges recorded on Friday, despite the Bank of Japan will intervene in the market soon.

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