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CMSFX Daily Video Recap - May 7th

Discussion in 'Forex Videos' started by cmsforex, May 7, 2008.

  1. cmsforex

    cmsforex Contributing Member

    May 5, 2008
    Likes Received:
    May 7th - Dollar Strengthens After Weak Data Emerges from UK and Euro-zone


    The Dollar took advantage of weak fundamental data from the the UK and Europe to pare its losses to the Pound and Euro from earlier in the week. The Dollar rallied against the Yen as well overnight, though it hit resistance, stalled and reversed in mid-NY trading.

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