Forex: Dollar rises back to pre-ISM levels on falling stocks

02 November 2009 @ 01:52 pm EDT

FXstreet.com (Córdoba) - Most stocks in the U.S. are now in the negative side. Equities failed to hold to gains and started to fell helping the Dollar that is back at the same levels it had before the release of ISM data. EUR/USD trades below 1.4750 and is heading toward a support zone at 1.4730. GBP/USD failed to consolidate above 1.6400 and now trades at 1.6360/63, 0.30% below today's opening price.

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