Daily Report: Dollar and Yen Strengthen Again, More Downside in Yen Crosses?

Filed Under (Uncategorized) by on 08-04-2009

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Dollar and yen continue to rebound against major currencies, tracking stock markets’ fall closely. A few points to note in recent developments. Firstly, the rebound in dollar index from 83.73 as well as that in USD/CHF from 1.1239 strongly suggests that the greenback has bottomed in near term and some…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

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