Tuesday September 14, 2010 - 10:44:11 GMT
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Forex Market"EUR fights back while USD is hanging by a Thread"
Forex Marekt--It is difficult to imagine that there are such extensive unilateral quotations in the foreign exchange (forex) on Monday.
The EUR, which is popularly bearish on the last trading days, hit the greatest growth of singly day for two months.
It is what real foreign exchange (forex) market looks like, which beyond all expectations.
Even though you can give appropriate explanations in the fundamental and analysis after the event, few people can make correct indications to the foreign exchange (forex) market beforehand.
Anyway, the EUR cannot break through the low track of the fluctuation interval. Being the currency that takes up the greatest proportions in the basket of currencies, the USD index was forced to hopeless situation by the strong rebound of EUR.
--Forex News from Forex Market
Edited By Sarah
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