Forex Trading - Philly Fed Manufacturing Index Boosts Dollar

The Philly Fed Manufacturing Index and a string of other positive U.S. data boosted the Dollar yesterday. This marks a turnaround for the U.S., as there is increasing optimism that the current recession will be over sooner than later. Now may be a good time for forex traders to enter the market as investors continue to profit from yesterday's bullish Dollar. Economic News USD - Dollar Driven Higher By Federal Reserve Rate Outlook The U.S Dollar went bullish versus the EUR and Yen on Thursday