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Wednesday, October 22nd, 2008There is no hiding place for the euro as EURUSD hit 22-months low in overnight Asian trading session an indication of more signs of weakness. The current market fears rest on the turmoil of the past weeks as confidence grow thin on recession aversion. Will this be the moves that creates parityfor the pair again?
Euro Makes Low And More..
Thursday, October 2nd, 2008LONDON: Euro dollar, EUR USD makes new 12-month low of 1.3746 in today’s trading after an early morning of choppy trades. The day started with Frankfurt riding the pair to 1.3965 in the first hour before it quickly descended to 1.3854 even before the main European currency markets opened in London.
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