SubscribeDaily Forex Commentary for October 8, 2009
October 8th, 2009 • Related • Filed Under
October 8, 2009
Euro Weakens as Traders Await ECB Decision
The U.S. Dollar tried to mount a rally throughout the day, but failed at the close and ended up mixed for the day against most major currencies.
The EUR USD finished lower but off its lows. A late session stock market rally helped to boost demand for higher risk assets which buoyed the Euro. Tomorrow the European Central Bank meets to discuss monetary policy. Expectations are for the ECB to leave interest rates unchanged at 1.0% and call for the continuation …
Read More …
More on this topic
(What's this?)
Forex Trading Course, A Must For Forex Beginners
(Think in Trading, 10/7/09)
A Great Forex Trading System Anybody Can Use
(The Wild Investor, 9/27/09)
Forex By Day
(Think in Trading, 10/5/09)
Loading ...
