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EUR/USD Weaker On Bond Redemption, ECB Ahead

Stocks, Unit trusts, Wealth Management and Forex markets


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Old 04-07-2012, 01:29 PM
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Default EUR/USD Weaker On Bond Redemption, ECB Ahead

On Tuesday Euro/Dollar traded within almost 70 pip range. The European currency appreciated from 1.2558 to 1.2627 yesterday, matching the positive money flow sentiment at over 18%, closing the day at 1.2606. This morning the Euro is trading quietly, with movements within yesterday's range for now.

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