For the brunt of the trading week, markets and traders of the Euro and other higher-risk currencies were clearly optimistic that surprisingly positive economic data from the Eurozone might be pointing to a recovery of sorts. After a retreat overnight and a brief rally earlier, the downward trend of the Euro-Dollar has since resumed; currently the EUR/USD pair is trading lower at 1.2925, and sentiment on OpenBook reflects a bearish tendency. Read more
Forex