Commission in Forex Market

Adjacent to EURO the dollar trading near its two-week high after Treasury Secretary Henry Paulson expressed hold up for the currency and the president of Federal Reserve Bank of Philadelphia said that the interest rates must be raised. Comparison between EURO and DOLLAR
Adjacent to EURO the dollar trading near its two-week high after Treasury Secretary Henry Paulson expressed hold up for the currency and the president of Federal Reserve Bank of Philadelphia said that the interest rates must be raised. The greenback was also trading near its two-week high against the yen and the Swiss franc, as Paulson supposed he expects parliament to support a set free chart for Fannie Mae and Freddie Mac. The AUD reached its eight-month top versus the yen following an administration report today showing price rises accelerating to a two-year top in the second section. Dollar got a lot of support from the U.S. official,'' said by the head of foreign exchange sales Yuji Saito, at the General Society SA in Tokyo, France's is the second-biggest bank by bazaar assessment. The comments from the official of the Fed were extremely hawkish. Comments from Paulson's help to ease anxiety in excess of concerned administration- sponsored enterprise.''
The dollar traded at $1.5791 for each euro at Tokyo and in New York it was trading from $1.5783 yesterday, when it touch $1.5758, the toughest level since July 10. Yesterday the dollar was at 107.20 yen from 107.33, when it jumped to 107.45, the uppermost since July 9. Moreover, the euro was trading at 169.32 yen from 169.43. The exchange might rise to 107.80 yen now, Saito forecast.
Therefore, against franc the dollar was trading at 1.0302, close to the uppermost since July 10, from 1.0311. In franc there is a 10% gain this year as banks of the US have a wide loss..