Forex Technical Update 8/13/2010 – Assessing US Dollar Recovery

The USD rallied this week across the board, even against the JPY towards the end of the week. Let’s take a look at the EUR/USD, GBP/USD, and and the USD/JPY to assess its strength. The greenback will be challenged next week as it is not in the clear for a recover just yet. This video is being produced at about 4:00PM ET during the US trading session.