Euro Higher vs Dollar, Yen; Pound Slides Following BOE Minutes
Wednesday, November 18th, 2009
Recap: The Euro was higher against the Dollar and Yen, especially overnight as oil and gold rallied. However the EUR/USD pair was unable to penetrate the 1.50 area in NY trading. The Pound was weaker following "dovish" BOE minutes. In fundamental news US housing starts disappointed, while consumer inflation saw a modest increase.
News Provided by FX Times/CMS Forex
http://www.fxtimes.com
http://www.cmsfx.com
Analyst: Nick Nasad
Open up a free practice account and start trading Forex today.
Link to this comment:
All Comments (0)