{"id":841,"date":"2009-03-10T15:11:16","date_gmt":"2009-03-10T20:11:16","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=841"},"modified":"2009-03-10T15:11:16","modified_gmt":"2009-03-10T20:11:16","slug":"us-dollar-mixed-in-forex-trading-today-after-early-weakness","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/03\/10\/us-dollar-mixed-in-forex-trading-today-after-early-weakness\/","title":{"rendered":"US Dollar mixed in Forex Trading today after early weakness."},"content":{"rendered":"<p>The US Dollar has been mixed in forex trading versus the other major currencies today after reversing some early losses.\u00a0 The American currency has traded higher <a href=\"http:\/\/gator1055.hostgator.com\/~alawai44\/fx\/wp-content\/uploads\/2009\/03\/250150usdchange1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-842\" title=\"250150usdchange1\" src=\"http:\/\/gator1055.hostgator.com\/~alawai44\/fx\/wp-content\/uploads\/2009\/03\/250150usdchange1.png\" alt=\"250150usdchange1\" width=\"250\" height=\"150\" \/><\/a>today versus the euro, Swiss franc and British pound while falling against the Japanese yen, Australian dollar, New Zealand dollar and Canadian dollar.<\/p>\n<p>The dollar was weaker in the morning of the U.S. session as stocks rallied with help from news of a memo from Citigroup CEO Vikram Pandit that said the bank was profitable for the first two months of 2009.\u00a0 A profitable quarter for Citigroup would be quite a turnaround after registering a loss of $8.29 billion in the fourth quarter of 2008.<\/p>\n<p>Today&#8217;s stock market rally is the biggest so far this year as the Dow Jones Industrial has gained 5.02 percent and 328.47 points as of 3:37pm EST. The NASDAQ has climbed 6.13 percent and 78.77 points while the S&amp;P 500 has advanced 5.69 percent and 38.85 points to level at 715.38.<\/p>\n<p>The US dollar reversed early losses versus the Swiss franc to trade higher as the USD\/CHF trades at the exchange rate of 1.1634 at 3:43pm EST according to currency data from Oanda.\u00a0 The USD\/CHF opened the day trading at 1.1550 and reached an intraday low of 1.1432 before turning around.<\/p>\n<p>The euro has fallen versus the dollar after the EUR\/USD opened at 1.2676 today to trading at 1.2654.\u00a0 The EUR\/USD managed to reach an intraday high of 1.2822 earlier today.\u00a0 The British pound has also declined versus the dollar as the GBP\/USD fell from its 1.3846 opening to trade at 1.3738 later today.<\/p>\n<p>The Australian dollar rocketed higher versus the dollar today before giving back some of its gains but is still higher for the day versus the American currency. The AUD\/USD trades at 0.6430 after opening the day at 0.6387 and made a high of 0.6489.\u00a0 The New Zealand dollar followed a similar trajectory as the Aussie versus the dollar and the NZD\/USD trades at 0.5016 after opening at 0.4975 and making a high of 0.5052.<\/p>\n<p>The dollar has declined against the Japanese yen as the USD\/JPY trades at 98.72 after opening the day at 98.97 and the dollar has also declined versus the Canadian dollar as the USD\/CAD trades at 1.2855 after opening at the 1.2926 exchange rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday, March 10th &#8211; The US Dollar has been mixed in forex trading versus the other major currencies today after reversing some early losses&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-841","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=841"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/841\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}