Wednesday, June 17, 2009

US Dollar Exchange Rates may be hanging on to gains today

Foreign Exchange - Currency Outlook

The US dollar exchange rate may be hanging on to gains today on a renewal of risk aversion as oil is dropping and stock index futures predict a rocky opening. Confidence in the US as economic and financial leader may be rising as the Obama Administration announces new regulations today. The euros to us dollar exchange rate is see-sawing in a narrow range and we are looking for a breakout.

Pounds to US Dollars = 1.5305
Pounds to Euros = 1.1752
Euro to Pounds = 0.8050
Pounds to Australian Dollars = 2.0600

Bye For Now

Barbara Rockefeller
Foreign Exchange Trading
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