Thursday, 31 May 2012

DailyFX - Forex Market News: USD Index Carves Higher Lows Ahead Of NFPs, Sterling Looks Lower

DailyFX - Forex Market News
Forex Market News
USD Index Carves Higher Lows Ahead Of NFPs, Sterling Looks Lower
May 31st 2012, 16:05

The greenback is regaining its footing ahead of Friday’s Non-Farm Payrolls report, with the Dow Jones-FXCM U.S. Dollar Index bouncing back from a low of 10,225, and the reserve currency may track higher in June should the employment report dampen expectations for more easing.

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