Friday, January 4, 2013

EUR/USD Jan 4 – Slide Continues as 1.30 in Sight

The EUR/USD continues to drop, as the pair is struggling to stay above the important 1.30 line. The euro reacted negatively after the Federal Reserve expressed doubts about expanding the monetary easing measures. In fundamental news, US employment figures were a mix. Unemployment Claims were higher than the estimate, but the ADP Non-Farm Payrolls looked very sharp. The markets will have
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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