The Euro rallies as the Greek government formally asked to receive the bailout funds from the EU-IMF aid package. We also had positive fundamentals from the Euro-zone in the form of the IFO business index and new industrial orders. The Pound slid on weak GDP data, but recovered as risk appetite was stronger in NY trading. In addition to higher US equities the US also posted very strong housing sales data.
News Provided by FXTimes/CMS Forex
http://www.fxtimes.com
http://www.cmsfx.com
Analyst: Nick Nasad
Open up a free practice account and start trading Forex today.
so the euro/usd whould go up next week?
n33dw33d3333 1 year ago