Dollar Rises as Equity Markets Weaken into the Close

The U.S. Dollar mounted a strong recovery late in the trading session as equity markets weakened into the close for the second day in a row. Trading has been lackluster for the past few days in the Forex markets highlighted by choppy, two-sided trading on light volume. Today the Dollar started out lower but quickly regained a little strength in mixed trading following the release of two better than expected U.S. economic reports. Early this morning it was reported that the