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July 30, 2010

Forex Trading: EUR/USD Still Hovering Around 3-Month High

EUR/USD Still Hovering Around 3-Month High
After hitting a three month high against the U.S. dollar in trading yesterday, the euro took some slight losses last night, falling some 30 pips against the greenback. The overall trend for EUR/USD is still up, especially ahead of the U.S. Advance GDP figure, which is forecasted to show a slight decrease from the previous report.
Economic News
USD – Dollar Manages Slight Gains, But Remains Low Overall
A less than encouraging Unemployment Claims report … [visit site to read more]



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