SubscribeDaily Forex Commentary for November 19, 2009
November 19, 2009
Dollar Loses Ground to Euro, but Finishes Mixed Versus Others
The EUR USD posted a sizable gain. Tuesday’s supportive comments from European Central Bank President Trichet were not enough to stop the Dollar’s slide today. Matters weren’t
helped
after Luxembourg premier Jean-Claude Juncker said that the Euro’s rally hasn’t hurt the Euro Zone recovery. This comment gave traders the green light to drive the currency higher. If upside
momentum
continues at the current pace, we could …
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