Sep
01
High Beta Currencies Head Higher in Forex Trading
U.S. dollar down against sterling and euro
The U.S. dollar is down against the sterling and the euro in forex trading today. High beta currencies are moving higher as the global economic outlook gets a little boost from the positive manufacturing data out of China.
Earlier, sterling moved lower against the U.S. dollar, but it has since recovered, and is now moving, along with the euro, higher in forex trading.
The U.S. dollar is down across the board, losing ground to the Aussie and the yen on top of falling against the sterling and the euro.
See Also
- U.S. Dollar in Currency Trading
Currency trading on the forex market
Category: Forex Trading Author: Forex News | GFT Forex
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