Sunday, August 9, 2009

EUR/USD Determined to Go Up as U.S. Data Surprise Positively

Euro came up against the U.S. dollar unexpectedly today as the key fundamental indicators of the world’s biggest economy showed a positive signal for the euro bulls and dollar bears. It looks like we are heading for another week of global stock positive, which will lead to a continued uprise of such currencies as the euro. EUR/USD is currently trading near 1.4362.

ISM manufacturing index rose fro

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