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Commodities Briefing - Categorized | Currencies, Market Moves more

EURO lifted on strong Commodities

Posted on 11 December 2008

From Fxstreet.com: The Euro (EUR) finally broke through the 1.3000 level as commodities extended their rally and the USD was broadly weaker. Above 1.3000 has been hard to maintain though in recent times so the market is hesitant to be too aggressive above the key level.

EUR/GBP tested resistance at .8800 as the Euro outperformed other majors. Overall the EUR/USD traded with a low of 1.2905 and a high of 1.3069 before closing the day at 1.3020. …. Full Article: Source


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VRS - who has written 36748 posts on Opalesque Commodities Briefing.


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