U.S. Dollar Climbs in Forex Trading on Uncertainty

[News Poster]

Greenback higher in currency tradingThe U.S. dollar is moving higher in forex trading as uncertainty takes hold of the markets. There is a laundry list of reasons that the greenback is making gains in currency trading today, including:

• Passage of healthcare reform in the U.S. is making investors jittery.
• A pan-European Greek financial solution is taking a blow as Nicolas Sarkozy loses in regional elections in France.
• China is considering withdrawing economic stimulus.
• India offered a surprise rate hike over the weekend.

It's getting messy out there, and investors are once again looking for capital preservation in the safety of the U.S. dollar.
See Also

• Greenback in Currency Trading
  Forex trading on the currency market

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