Thursday, July 30, 2009

EUR/USD jumps above 1.4050 after posting intra-day lows

The EUR/USD's decline after the IMF report on Euro zone economic situation has found support at 1.4015, fresh intra-day low, and the pair has begun to rise above 1.4050 level again and to trade close to 1.4080. Currently the pair is trading around 1.4070/80, posting 0.30% daily gains from opening price.

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