EUR/USD Fluctuates Despite Negative U.S. Unemployment Data
The EUR/USD is fluctuating around our 1st tier downtrend and 4th tier uptrend lines as investors digest the worse than expected U.S. unemployment data. The headline Unemployment Rate breached 10% (10.2%) and the services unemployment change data also came in weaker than anticipated. While we would normally expect a sharp…
Source:EUR/USD Fluctuates Despite Negative U.S. Unemployment Data
This entry was posted
on Monday, November 9th, 2009 at 5:45 am and is filed under Forex Rates.
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.
Leave a Reply
You must be logged in to post a comment.


