Monday, January 23, 2012

EUR/USD 1,3032

The EUR/USD is moving away from the highs toward 1.3000. So far the Euro has been able to hold above 1.3000 but it retreated from 1.3052 and fell to 1.3002.

At the moment of writing the pair is hovering around 1.3010 as the US Dollar gains momentum across the board and trims daily losses. The pair still remains in positive territory headed toward the second daily close above 1.3000 since the beginning of 2012.

The Euro also moved off session highs versus commodity currencies and against the Pound as reports mentioned that the Eurozone and the IMF are not going to increase the bailout loan to Greece.
source: fxstreet.com


8 comments:

  1. wow
    i hope the euro doesnt loose too much value

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  2. Interesting blog. I wish Indian Advertising Agencies will also learn from you people.

    ReplyDelete
  3. Thanks for providing this information. It has helped me in my forex trading.

    ReplyDelete
  4. GREAT BLOG! I will learn a lot! Following!

    https://twitter.com/#!/MemeDoctor

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  5. It always feels like the world's going into the gutter. :/

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  6. Euro goes down, but I hope that it will rise, I'm going to work in Europe, sucks to earn less.

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  7. yeah, I hope it doesn't loose much value... thanks, I'm considering entering this forex stuff.

    ReplyDelete