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| | Pagerank: | 4 | | Link Owner: | Andrei Moraru | | Date Added: | April 16, 2008 04:18:21 PM | | Category: | Business and Economy | | Number Hits: | 2 | | Latest Feed: | EUR/USD Tests New Maximum on Declined PPI EUR/USD tested its new maximum level since February 9 and then retraced below the daily open level on bad PPI report and mixed oil inventories reports. The maximum has been set before the reports were released and declined before and after the release. The currency pair is now trading near…
EUR/USD Rebounds as Fundamentals Don’t Favor USD EUR/USD retraced from the yesterday lows set on the bad signals from Europe. Fundamentals that came out in U.S. today aren’t very positive for the dollar, while the interest rate decision by FOMC didn’t bring any real surprises to the market, but decreased the general risk-aversion, helping such currencies as the euro. The currency…
Euro Falls vs. Dollar on Greek Problems EUR/USD declined rapidly today as the European aid to the troubled Greece meets new obstacles, pushing the Eurozone’s currency down against the U.S. dollar. The macroeconomic releases from United States showed some stagnation in all three indicators, reducing the market’s optimism about the global economy. EUR/USD is now trading near…
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