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The United States currency decreased a bit in relation to major currencies throughout morning forex trades in Sydney. This was the consequence of the USD decrease in relation to the yen that turned to be the largest one for the last after the possibility of the credit crisis rebounded. Decrease of the credit ratings of Merrill Lynch, Morgan Stanley and Lehman Brothers contributed to the purchase of the safe haven and lead to the significant growth of the Japanese Yen and Swiss franc. The USD was traded at 104.38 yen and the Euro gained to $1.5541.

The results of the Forex trades were not bad one for the United States currency. It has increased a bit after the issue of the major economic indices that have shown the possibility of ceasing any recession trend of the US economy. The outlook for the economic activity provided by the NY Conference Board increased by 0.1 percent throughout the April and by the same number in March too. However the Board suggests there could be a certain decrease in the future.