Excerpt from:  Futures and Commodity News
.
June 13, 2007

Spot Forex Trading: Favour the U.S. Dollar

U.S. dollar and spread betting
Spread bets, CFDs and spot forex trades should favour the U.S. dollar against the other major currencies today. The dollar, thanks to its rising bond yields, is on the rise in spot forex trading. Forbes reports on the dollar's performance against other major currencies:

The 13-nation euro bought US$1.3278 in morning trading, down from US$1.3318  ...

The British pound was down to US$1.9693 from US$1.9727 ...

The dollar rose against the Japanese currency, climbing to 122.28 yen from 121.82 yen


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