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James Dicks's Blog – October 2009 Archive (1)

The Forex Daily Digest – October 20, 2009

The USD began the week under pressure, falling after the Fed Bank of New York released a statement clarifying some recent activity that market participants interpreted as preparation for removing some liquidity from the financial system and boost interest rates. And according to currency analysts, the USD will extend losses as the global economy’s recovery prompts investors to shift away from U.S. assets. The Dow reached 10,092 and gold finished the day higher to close at $1,058.



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Added by James Dicks on October 20, 2009 at 8:03am — No Comments

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