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| Friday 10th February 2012 News: | |||||||
| U.S. dollar slides against euro, pound The dollar fell against the euro and the pound Thursday after the European Central Bank and the Bank of England raised interest rates. Dollar little moved as British pound strengthens (AFP) AFP - The dollar was little moved against the euro in trading, but the British pound spiked against the dollar as British mortgage approvals continued to surge. Yahoo! News - Dollar little moved as British pound strengthens (AFP) AFP - The dollar was little moved against the euro in trading, but the British pound spiked against the dollar as British mortgage approvals continued to surge. Dollar little moved as British pound strengthens NEW YORK (AFP) - The dollar was little moved against the euro in trading, but the British pound spiked against the dollar as British mortgage approvals continued to surge. Forex, Why Forex Trading Is So Popular The Forex market is often more appealing to people that like to live on the edge There is more uncertainty by far and the rewards of knowing when to buy and sell can be immense For those of you who don amp rsquo t know the Forex stands for Foreign Exchange Market The Forex deals in all different types of currencies and pits them all against each other For example the English pound might be worth more than the American dollar but if there is a natural disaster or a nasty political event then the pound could drop below the value of the American dollar and thus would make money for the individual who had bought the English pound when they sell Dollar Extends Recovery Against Pound [] The dollar advanced against the pound on Wednesday. The greenback posted mild gains against its British counterpart during the early morning hours in New York. After a long stint of range-bound trading, the dollar added to its advance in the mid-afternoon. | |||||||
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