U.S. Dollar Gains in Currency Trading

Greenback up in FX trading on Senate billYesterday, the bailout bill passed the Senate. It was slightly modified and updated from the version that was failed earlier this week in the House.

The U.S. dollar made gains in currency trading on the news that the Senate approved the bill. It is seen as positive for the economy (at least in the short term).

However, jubilation over the bill is a bit subdued, since the Senate version still faces a House vote.

See Also

• U.S. Dollar in Currency Trading
  World currencies in FX trading

Popularity: 1%