Charles
04-14-2011, 09:50 AM
The US Dollar saw a noteworthy intraday rally against the Euro and other major counterparts, but a later reversal underlined that momentum firmly favors continued Greenback weakness. A sea of red across global equity indices sparked a flight to the relative safety of US Treasuries and the Greenback itself. Yet the US currency fell noticeably against the Swiss Franc and Japanese Yen and remains well-within its short and medium-term downtrend against major counterparts.
More... (http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/04/13/dailyfundamentals_04132011.html)
More... (http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/04/13/dailyfundamentals_04132011.html)