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View Full Version : US Dollar May Extend Gains as Currency Markets Follow Risk Sentiment (DailyFX)


DailyFX
10-19-2009, 02:10 AM
The US Dollar may continue to rebound as an empty European economic calendar leaves currency markets looking to risk sentiment as the catalyst for price action. A handful of negative earnings reports in Asian hours added to last Friday’s disappointing US outcomes, which stands to boost demand for the safety-correlated currency.



complete story here... (http://www.dailyfx.com:80/opencms/forex/fundamental/daily_briefing/session_briefing/euro_open/2009-10-19-0555-US_Dollar_May_Extend_Gains.html)