Euro dips despite positive economic data
The Euro has been weak today, despite a strong upward movement during the Asian session. During the Asian session, the Euro moved upward, limiting its’ gains to 1.4555 versus the US Dollar. Yesterday, the pair pushed higher yet again, hitting the 3 week high of 1.4580. Later, during the European session opening, the Euro fell [...]
EuroZone upbeat on positive economic data
The Euro today declined from the high of 1.4440 which was made on December 31, 2009, to take a rebound beyond 1.4335, last seen around 1.4350, as fresh Manufacturing data lent confidence that the Euro Zone economy was upbeat. The Euro Zone manufacturing PMI rose slightly to 51.6 in December compared to the previous month, [...]
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