Excerpt from: CFDs & Spread Bets
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| July 11, 2008 | | Greenback in forex trading | Financial spread betting strategy involving the US dollar should consider that the greenback is weakening in forex trading right now.
Between the bounce in oil prices, and the worries that the US government will bailout Fannie Mae and Freddie Mac, there is a lot of strain on the US dollar right now.
Spread bets on the greenback in forex trading should consider shorting, and consider that the euro is doing better in forex trading.
| Topic Tags: euro forex trading, Fannie Mae, financial spread betting, forex trading, greenback forex trading, spread bets, spread betting strategy, spread betting US dollar | |
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