Friday, December 12, 2008
I would not consider this a trend change just yet, but we have been seeing some EUR strength as of late.
I would think that while the USD's recent strength was based on "flight to quality" buying interest as much as any other factor, the EUR is now seeing some of the same interest. The weaker currencies still appear to be the GBP and the CHF which are not part of the Eurozone and are falling as EUR is rising. The current uptrends in the EUR/GBP and the EUR/CHF may continue as long as the financial markets around the world remain on edge.
[ForexGen.com] is an online trading service provider supplying a unique and individualized 
service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.
ForexGen provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.
ForexGen serves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.
0 Comments:
Post a Comment