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Forex in 60 Seconds: US Dollar Rallies as Risk Comes Back into Play, Bernanke's Testimony Could Reverse Gains

Tuesday, 01 April 2008 21:17:04 GMT

Written by Terri Belkas, Currency Analyst

 ·          US Dollar rebounds on Tuesday, thanks to the market's return to risk and better-than-expected ISM Manufacturing figures
 ·          Long-term EUR/USD bias remains to the upside, but additional US Dollar gains may be in store this week...

Stories to watch on DailyFX

·          What will move the markets this week? Check out our Top 5 Events. Next up: Fed Chairman Bernanke's Testimony
·
          
Can you use the forex markets as a leading indicators for stock markets? Yes! Find out how to Use Currencies to Time Equity Movements

We love feedback! Send any comments or suggestions to tbelkas@dailyfx.com

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