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Saturday, April 16, 2011

EUR/USD Trades Sideways, Positive US Data Pushes Lower

Forex Tools This post by ForexBlogger has been reprinted from Forex Blog.Comments (0)

EUR/USD traded flat today without any major moves to either side, but the currency tends to weaken at present time. The reports today showed that the US economic recovery persists. EUR/USD currently trades at 1.4480.

Retail sales increased 0.4% in March, following the increase by 1.1% in February. Median forecast promised…

ForexBlogger @ April 13, 2011

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