Cash Mechanics Forex News Update: Dollar Loses Strength as US Economy Rises.

Nov. 23, 2011 - PRLog -- In the United States, Jobless claims data is showing increasing signs of improvement, with the number of new claims down to 338,000. The housing market is also showing strength, and is breaking expectations due to the drop In home inventories. All of these factors are adding up, and are resulting in signs of risk appetite increasing on the Forex Market.

In the International Forex Market. The Japanese Yen has surpassed the US Dollar, and is gaining strength. The Euro is currently struggling, but is maintaining a relatively steadier course than last week. The pound is relatively docile currently resting at a fairly high rate, and the Canadian dollar is gaining ground against the US Dollar, soon to surpass it.

This news of the United States Dollar doing poorly on the Forex Market does, in fact, mean that the US Economy is headed for improvement. The rate and degree of improvement will depend on the next coming year, but it is currently showing positive signs, and that is already a hopeful chance.

In the next coming weeks, it will be important to monitor trends in the Eurozone, and be aware of the possibility that the Euro will once again, become unstable. If something of the sort will happen, the US Dollar will regain its strength on the Forex Market.
For More information on Forex Tips, Trading Advice, Technical Analysis, and Trading Education visit www.Cashmechanics.com. Sign up to receive Cash Back on your Forex Trades. Good luck in your trading and watch out for more news and alerts.

# # #

Cashmechanics.com is registered with the National Futures Association (NFA) as an Introducing Broker (IB) and Commodity Trading Advisor (CTA). We are a small group of expert technicians and traders with more than 5 years of full-time experience trading foreign currencies, equities, futures and options. We offer cash rebates where you get money back every month based on your foreign exchange trading activity.