Daily Video Recap (12/21/09): Greenback Rises Even as Equities Gain

Monday, December 21st, 2009
Recap: The greenback was generally higher today even as equities rose around the globe. Today's trading then is a sign that the correlation between higher stocks and a weaker greenback is waning, especially as we head into the end of the this year. While the greenback traded within Friday's range against the Euro it did probe higher against the Pound and Yen. The Canadian Dollar, also bolstered by risk appetite, was one of the few currencies that performed well against the greenback. Retail sales in Canada showed a third month in a row of strong sales.

News Provided by FX Times/CMS Forex
http://www.fxtimes.com
http://www.cmsfx.com
Analyst: Nick Nasad

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Category:

News & Politics

Tags:

• forex
• trading
• finance
• currencies
• news
• economy
• fx
• foreign
• exchange
• dollar
• euro
• yen
• pound

[0PsycoDad0]

I think you improved your vidz lately.

Thanx for your opinion on the moves.

Although i no where hear much about GBP/JPY or GBP/AUD. Is the GBP that marginal?