Advertisement
Last Articles
- FOREX Brokers - Interbank Market
- Forex Misconceptions
- Structure of the Forex Market
- Tricks Of The Successful Forex Trader
Last News
EUR/USD: Euro has stabilized at the end of the week
The pair EUR/USD has stabilized at the currency market on Friday morning.
By 9.35 the Euro is at 1.3479 against yesterday’s closing level of 1.3464.
All week investors have been actively selling major currency pair and panic in the market subsided only by Friday when pessimistic expectations of American statistics has outweighed European negative factor.
Main auctions in Europe are over and it is obvious that level of risk for investors is extremely high. Italian government gave guarantees to Eurozone to implement anti-crisis reforms; however market got used to such assurance and ignored this information.
It is unlikely that any sharp movements can take place at the end of the week, especially because last sessions were very volatile.
Most likely, the pair EUR/USD will not leave the range of 1.3420-1.3520 at the trading session on Friday.
[More]