Forex Trading. The $ is starting to get hit as the focus goes back to the US

Written January 14, 2009 at 10:43 AM EST by  

Stocks are down 270 points.  Treasury yields are down.  The 30 year is down 11 basis points as is the 10 year. Economic data show Retail sales down sharply and stockpiles rising to highs not seen since 2001.  The EURUSD moves back above yesterdays low. at 1.3139. EURGBP bounces back above the key 0.9000 level.   Volatility continues.   

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