Forex Trading Monday 16.03.09 & Video

Kategorie: Dollar Forex, 16.März 2009

On Monday, the euro yielded easily against the dollar during the afternoon trading the dollar.

The weak U.S. economic data reversed the trend in Forex Trading. IThe
U.S. industrial output fell in February by 1.4% . Also, the capacity
utilization of U.S. industry during the reporting period decreased by
71.9% to 70.9%.
The market awaits now new U.S. data and the Fed meeting. This week.

If
the U.S. central bank like the Bank of England indicated their
willingness to buy government bonds, could lead to a  dollar weakness.

Courses in Forex trading at 18:00 EUR / USD 1.3017 USD / JPY 98.32 EUR / USD 1.1835