Saturday, September 22, 2007

Forex strategy : Dollar Index at Critical Support



Trading mixed on Friday, the dollar little changed against the euro, pound or lower and higher against the yen. Yen fell against major currencies as stocks rose encourage investors to resume carry trades. Since parity yesterday, the Canadian dollar trading at its weakest level in 31 years. The Australian dollar also rose. EUR / USD profits after weaker-than-expected data on Nafta September dragged a couple of the new record. Couples probably