ss_blog_claim=7964795d114c91dcba30f72f21cacf04
« US Dollar: Next Week’s ISM Manufacturing, ISM Services, and NFP Releases Likely to Reiterate US Recession Risk (Daily FX)
British Pound Faces Gloomy Outlook, Bank of England (BOE) Almost Guaranteed to Cut Rates (Daily FX) »

Euro Consolidates Above 1.37 - Will the European Central Bank (ECB) Cut Rates Next Week? (Daily FX)

After plunging at the start of the European trading session, EUR/USD did little but consolidate above support at 1.2682/90. While the pair may eventually recovery from these levels at the start of next week, one thing is clear: there is still significant bearish potential for the euro.

Here is the original post: 
Euro Consolidates Above 1.37 - Will the European Central Bank (ECB) Cut Rates Next Week? (Daily FX)

This entry was posted on Friday, October 31st, 2008 at 5:20 pm and is filed under Forex, Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Euro Consolidates Above 1.37 - Will the European Central Bank (ECB) Cut Rates Next Week? (Daily FX)”

  1. [...] After plunging at the start of the European trading session, EUR/USD did little but consolidate above support at 1.2682/90. While the pair may eventually recovery from these levels at the start of next week, one thing is clear: there is … Euro Consolidates Above 1.37 - Will the European Central Bank (ECB … [...]

  2. [...] Original post by [Technorati] Tag results for forex [...]

Leave a Reply