May 26, 2010
U.S. Dollar Index Gains after Good U.S. Economic News
The U.S. Dollar Index rose early Wednesday morning and held on to its gains throughout the trading session following better than expected U.S. Durable Goods and New Home
Sales Reports. The falling Euro also contributed substantially to the Dollar’s rise while trading mixed versus the British Pound.
There were no fresh developments in the financial mess in Europe so traders used the good U.S. economic news as a …
