December 7, 2009
Dollar Fails to Attract Fresh Buying Interest
The U.S. Dollar see-sawed most of the day, before closing lower. The lack of economic reports caused a choppy two-sided trade. In addition, many traders stayed on the sidelines or
evened up position ahead of this week’s many central bank reports. In most cases the Dollar continued its strength in a follow-through rally from Friday, but failed to hold on to its gains by the
close. Technically, the Dollar Futures Index took out Friday’s high but failed to attract …
