DailyFX - Forex Market News: USD Index At Critical Juncture Going Into August, AUD Rally To Fizzle

DailyFX - Forex Market News Forex Market News

USD Index At Critical Juncture Going Into August, AUD Rally To Fizzle Jul 31st 2012, 15:40 The greenback is struggling to hold its ground during the North American trade, with the Dow Jones-FXCM U.S. Dollar Index giving back the advance to 10,037, but we may see the reserve currency consolidate ahead of the FOMC rate decision as market participants weigh the outlook for monetary policy.

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