Image Caption:
Forex currency price chart of GBP and USD

Image:

Body:

Bulls Return in Force

U.S. Dollar Trading (USD)

U.S. Dollar Trading (USD) was sold off aggressively in the European and US sessions as the Dow Jones posted its biggest rally since May. The only currency the Greenback could gain against was the other safe haven in the Japanese Yen with traders scrambling to cover positions given the dramatic shift in investor sentiment. In US stocks, DJIA +274 points closing at 10018, S&P +32 points closing at 1060 and NASDAQ +65 points closing at 2159. Looking ahead, Weekly Jobless Claims are forecast at 460k vs. 472k previously.

Article with Image:
Full Size Image occupying Whole width of Column