Pair EUR/USD weaken euro,speculation that the budget deficit

Forex market news today about the Euro weaken to Lowest in Range 8 last month. In today’s trading pair EUR/USD was the value of the dollar-euro exchange rate experienced a significant decline. European currency was increasingly depressed and weakened to the lowest range in eight months against the dollar amid speculation that the budget deficit in some EU member states will be more widespread .

This entry was posted on Monday, February 8th, 2010 at 07:35 and is filed under Forex News, Forex Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.