US Session: Dollar Resumes Downward Trend After Session of Profit-Taking

06/23/09 by Daily Forex Snapshots  
Filed under Forex & Futures

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G10 Advancers and Decliners vs USD
The dollar declined against most of the G10 as investors and Traders resumed diversification out of dollar denominated assets and into higher yielding instruments. . Equity markets are slightly higher in the US and marginally higher overseas in Europe. This activity is likely to be fairly neutral due ahead of the FOMC meeting tomorrow and several other smaller economic data points. Price…

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