EUR/USD Hit By Profit Taking as Eco Data Provides No Support
March 20, 2009 by admin · Leave a Comment
On a very quiet night of trade with Japan markets closed for a holiday, EUR/USD held its ground, for most of the early European session pivoting around the 1.3700 level. However news of a weak EZ Industrial Production report triggered a slew of stops and the pair tumbled to 1.3550 within a matter of minutes by midday European trade.
