Thursday, February 3, 2011

Forex: Euro To Face Additional Headwinds Ahead of EU Summit, British Pound Poised To Retrace November Decline

Forex: Euro To Face Additional Headwinds Ahead of EU Summit, British Pound Poised To Retrace November Decline
The Euro fell back from a high of 1.3860 as Standard and Poor’s lowered its credit rating for Ireland, and the single-currency may retrace the advance from earlier this week as the risk for contagion intensifies.

Read more on Daily FX via Yahoo!

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