USD trade relaxed slightly on yesterday‘s Forex trading because of the higher equity markets and favorable trading opportunities.

The Federal Reserve reports on unemployment probably heading 10 percent indicating that the recovery is quite slow and worries about the USD position in the trading platform.

These statements suggest that the interest rates will stay short for few more days. The data releases of US retail sales dropped down by -1.5% very less then what was expected -2.0%.

The FOMC meeting minutes released showed positive attitude regarding the overall trading activities and indicated that the trade is stabilizing. The jobless claims were gradually decreasing. DJIA was trading with higher points by 144.80 points and crossed the level of 10k whereas NASDAQ rallied at 32.4 points moved up with +1.51%. This supported the US stock trade to get good market response.

The current rate of USD is 0.18875 lower than the yesterday‘s rate of around 0.19500. GBP traded at 0.50500, EUR having rate about 0.27625, JPY trading low with current rate at 0.11750, AUD trading with current rate of 3.22000 better than yesterday‘s rate of 3.18750 and CAD doing pretty well with current rate at 0.25000 good as compared to 0.23750.

These are the rates of the main currencies of Forex trading and further changes are possible in the rates.

GBP/USD trade- The pair is trading the twenty-day moving average at rate of 1.6016 with getting hold at the neutral rate of 1.5960. This is very close to the previous day hikes in the rates that will increase the hurdles for the pair to trade at high rates.

The articles tries to give information on USD trade status and the other data published out that influence the Forex trading. The sum-up of different traded rates of the major currencies.

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