U.S. Dollar Lower in Rangebound Forex Trading
by FOREX on Sunday, January 3rd, 2010 | No Comments
Currency trading on the FX market
The U.S. dollar is lower in rangebound forex trading this morning as investors look to the week ahead with some optimism. The Santa Claus rally is expected to help U.S. stocks, and futures are already pointing to a higher open.
Additionally, forex traders are looking to lock in a few gains, and major currencies are up against the greenback. The euro and the pound are both higher in currency trading on the FX market, and even the yen is up slightly against the greenback.
However, big moves are not expected in any market this week, with things likely to be rather staid for the most part.
See Also
- Looking for Trends in Forex Trading
Currency trading on the FX market


