Daily Forex Comentary April 19, 2010
April 19, 2010
Intra-Day Profit-Taking Helps U.S. Dollar Give Back Some Gains
The U.S. Dollar finished higher against most major currencies but intraday profit-taking helped the Greenback close well off its highs.
The early session rally in the Dollar began overnight in the wake of a lawsuit filed by the SEC against Goldman Sachs on Friday. Aggressive selling by investors of risky
stocks and commodities helped trigger the rally. Weaker equities, gold and crude oil sent a message that risk was going …
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