EURUSD with weak figures coming out in the United States yesterday - TopicsExpress



          

EURUSD with weak figures coming out in the United States yesterday the initial market reaction was to increase the longs within the cross but the mixed feelings across the board with regards to an end to quantitative easing in the United States, stopped the EURUSD rally in its tracks. After initial USD strength in this mornings trading whereas the USD regained ground to the 1.3074 area the flows have again switch and the cross is currently off this mornings lows at the current price of 1.3086 and in essence we are still restricted to the range of yesterday with no firm data to give the cross a push to the either side.
Posted on: Thu, 06 Jun 2013 01:38:11 +0000

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