Forex news: Dollar is up

A day that world was looking for, the dollar is up after a 14month low versus the euro. The US dollar currency has finally showed some shake ups. Thursday the 22nd of October 2009, the US dollar trading has showed some increase against the euro, the currency has cooled down the risk demand.
The unfortunate European shares were lower by 1.6 percent, as for the US and Asian stock market, some setbacks were report by the some corporate earnings.
The Chinese GDP figures have supported the dollar currency. And a help from the weakened risk demand boosted up the status of US dollar. It is good to mention that US interest rates are still low.