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AceTraderFx's Commentaries

Feb 9 2010

EUR/USD Forex Market Moving News by AceTrader

by AceTraderFx
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Eur/usd - 1.3700 ...http://www.acetraderfx.com The single currency rebounded fm 1.3643 to 1.3720 due to active short-covering (eur/jpy rose strongly fm 121.62 to 122.68) on speculation that EU Council may be working steps to help Greece as ECB's Trichet is leaving Sydney early to attend a European Council meeting. Bids are located at 1.3680, 1.3655/60 n further out at 1.3640/45 with stops only emerged below 1.3620. On the upside, renewed selling interest fm various accounts are tipped at 1.3725/30 n 1.3740. 06:28GMT



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