Euro Falls Slightly Against Dollar

Fri, 05 Dec 2008 00:28:00 GMT

Euro falls slightly against dollar as investors anticipate interest rate cutsBERLIN (AP) -- The 15-nation euro fell slightly against the U.S. dollar as markets anticipated rate cuts from both the European Central Bank and the Bank of England later Thursday.In morning European trading the common currency bought $1.2620, down from $1.2655 late Wednesday in New York.The British pound fell to... [read more]

ForexGen | Euro, British Pound Break Higher - Further Gains Likely

Wed, 26 Nov 2008 17:21:22 GMT

The euro and British pound surged higher on Tuesday, breaking above key resistance points.More specifically, EUR/USD managed to push above 1.30, a level that has prevented previous recovery attempts in recent weeks. Meanwhile, GBP/USD rallied above the 38.2% fib of 1.6671-1.4557 at 1.5361, which also provided support in the past on October 24, October 27, and November 11. The gains in the euro... [read more]

ForexGen Guide: euro

Euro Falls Slightly Against Dollar

ForexGen | Euro, British Pound Break Higher - Further Gains Likely