Thursday, 2 December 2010

Economic Indicators Turn Postive for the U.S.

U.S. dollar higher in forex trading

Economic indicators are turning positive for the U.S., with hopes for another increase in nonfarm payrolls. Additionally, there has been an increase in consumer confidence, and that is helping matters.
For the most part, a cautious optimism has come to the U.S. market, helped along by holiday sales from the Black Friday weekend. The U.S. dollar is higher in forex trading, but that may just be due to weakness in Europe, and continued weakness shown by gold prices
For now, though, it does appear as though there is some hope for the U.S. economy, and that the U.S. economy may be finding its footing.

1 comment:

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