167318 Resource 133514 120646 120646 1177592452582 1177592452582 Controlled Profit Taking Boosts U.S. Dollar on Spot Forex Market Today, spread bets, CFDs and spot forex trades could favour the greenback <font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">After </span><a href="item/167240" target="_blank" title="spot forex, spot forex market, U.S. dollar, spot forex trading, spot forex traders, spread bets, CFDs, major currencies" style="font-family: verdana,arial,helvetica,sans-serif;">yesterday's struggle on the spot forex market</a><span style="font-family: verdana,arial,helvetica,sans-serif;">, many currency traders thought that they would see the U.S. dollar reach new lows against other major currencies. However, as other currencies failed to break through important marks in spot forex trading, the tune changed and now traders are engaging in profit taking. </span><a href="http://today.reuters.com/news/articleinvesting.aspx?type=usDollarRpt&storyID=2007-04-26T103128Z_01_L26681559_RTRIDST_0_MARKETS-FOREX-UPDATE-4.XML" target="_blank" title="spot forex, spot forex market, U.S. dollar, spot forex trading, spot forex traders, spread bets, CFDs, major currencies" style="font-family: verdana,arial,helvetica,sans-serif;">This is boosting the greenback on the spot forex market, reports Reuters</a><span style="font-family: verdana,arial,helvetica,sans-serif;">:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"><font size="2"> &quot;The Kiwi is leading this. That was the first to go .. but it's broad dollar buying. We're not making new tops (in the euro), so it's just coming off. People are getting a bit fed up, it's the end of the week so we're seeing a bit of profit taking,&quot; said a trader in London.</font></div> 9 application/xml false CFDs major currencies spot forex spot forex market spot forex traders spot forex trading spread bets U.S. dollar Spot Forex Trading with the U.S. Dollar Spot forex trades, spread bets and CFDs http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.0.11) Gecko/20070312 Firefox/1.5.0.11 127.0.0.1 127.0.0.1 mmarquit false true false false true 133514 blog blogsite/GFTUK/web