Euro Struggles With 1.3000 Pound Holds 1.44000
February 4, 2009 by admin · Leave a Comment
Another rambling night of trade in the currency market as the EUR/USD struggled with the 1.3000 handle after staging a reversal in North American session yesterday. Better risk appetite and the growing political woes of the Obama administration helped fuel Tuesday’s rally, but the unit could not hold its gains as dour economic data and steady EURGBP sell flows kept the downward pressure.
