Forex | Forex Strategies | USD at Crossroad (31/08/2009 01:40:26)

USD at Crossroad

USD at Crossroad The dollar rose on Friday as US stocks fell. US personal income was flat while spending increased a modest 0.2%. Data on US and European consumer sentiment were better than expected. The S&P 500 fell 2.05 points to 1,028.93. The USD/JPY, just above support, rose modestly on Friday but fell for the week. The EUR/USD declined after failing to penetrate the important 1.44-area resistance. The GBP/USD reversed earlier gains, moving near the 1.62 support. The AUD/USD pared


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