Euro Range Bound As Equity Decline Spoils The Rally

The EUR/USD tried to shrug off the weak performance in equity marketstoday by rallying for most of the early European session reaching a high of 1.2800 before trailing back to 1.2750 in generally quiet, lackluster trade.In late Asia the unit was mainly propped up by demand from Eastern Europe perhaps…

Originally from Forex Fundamental Analysis Reports (ActionForex.com) on November 10, 2008, 8:14pm

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