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Forex News / US Dollar Gains on Flight-to-Quality, Nearing Breaking Point Ahead of US Housing Report

23.06.2009

US Dollar Gains on Flight-to-Quality, Nearing Breaking Point Ahead of US Housing Report

Forex News /

•US Dollar Gains on Flight-to-Quality, Nearing Breaking Point Ahead of US Housing Report
•British Pound Slumps vs. Low Yielders as UK Home Prices Fall representing First Time Since January
•Euro Down Despite Improving Business Sentiment - Watch Immediate Support at 1.3815/30
•Commodity Dollars Plunge as FX Carry Trade Demand Wanes
•Japanese Yen Dominates as DJIA Falls 2.4%, S&P 500 Plummets 3.1%



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