Tuesday, May 17, 2011
Greenback lost momentum across the board as stocks recover ground in Wall Street. EUR/USD rose more than 60 pips in the last hour climbing back above 1.4200.
The pair soared after hitting a daily low at 1.4120 and reached a new high at 1.4235. To the upside the Euro might face immediate resistance around 1.4245 where yesterday’s high lie.
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May 17, 2011 at 3:17 PM
May 17, 2011 at 3:45 PM
Gold and silver have gone down too :(
May 17, 2011 at 4:31 PM
As Euro values least shopping on US gets cheaper
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