Do you think the USD will sink or correct itself and bounce back today as the market normally does after a big loss.

Today is going to be interesting to see how the dollar does as it will be the crystal ball for tomorrows open on the market.
Interesint, Brutal.

I was reading about how the US may scrap the USD and leave all the other countries holding the bag and start a new currency.
A North American dollar involving Mex-Can-US.
Carb, the USD/EUR is at a important resistance around 1.58(currently trades at 1.5778/81 and if breaks through it will pop to the next which is 1.5978. Above that is uncharted territory and fear it is goes up again, above 1.60 that is lights out for the American economy as the price of fuel will be too high to sustain a profit in the trucking industry.

Answer
hi...
First of all sorry for the late reply......

Dollar is about to make a new peak!!!

This is due to the statement issued by the Chairman of the Federal Reserve, Ben Bernanke, revealing a policy of intervention in the dollar's condition, continues to impact all markets. The dollar reached its highest point in three months against the yen, as a way to battle inflation.

Increased U.S interest rates seem to boost the dollar that reached record-lows against the euro and the other currencies. The dollar rose against the euro, which dropped more than 0.4% to $1.5558, thus losing its $1.5844 peak of six weeks. The dollar also rose against the yen at 106.69 JPY, thus tumbling the three-month peak of 106.83 JPY.

surely we would see some more bullish dollar in next 2 days.

Forex Market Times?

Does anyone know the times for the different markets for Forex?

Answer
Yahoo has a widget that tell you all the market hours for the different forex markets. It's created by Oanda. You can access it here => http://widgets.yahoo.com/widgets/fxmarkethours