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EUR Exchange Rates

ECB Rates
Currency EUR 
2012-02-05
USD 1.3160
CAD 1.3189
AUD 1.2311
CNY 8.3042
GBP 0.83220
CHF 1.2050
THB 40.638
TRY 2.3112
CZK 25.064
NOK 7.6440
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FactoryClick General Discussion Eur/Usd Spanol
Semana 06-01 to 06-06 (1 viewing) (1) Guest
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TOPIC: Semana 06-01 to 06-06
#287
FXSPECIALIST (Visitor)
Posts: 0
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Semana 06-01 to 06-06 3 Years, 8 Months ago Karma: 0  
interesting

EUR/USD hit 1.5568 amid the latest Euro strength but the supply into the 70"s has dissuaded further buying. As a result, EUR/USD has once again failed at the 21-Day moving average line as the market digests the latest Trichet rhetoric.
A quick straw poll of London dealers currently sees "fair value" in the Euro between 1.5450 and 1.5600, however, if an ECB rate hike were to loom as the year progresses the band of adequate prices widens significantly to 1.58, at the base, while the most ardent of Euro bulls may again look for rates to surge back into the 1.60"s. Should the latter scenario unfold the sustainability a move back into the 1.60"s would be dependent on the potential for a hike from the ECB"s US counterparts
 
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Semana 06-01 to 06-06
FXSPECIALIST 2008/06/02 12:44
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obarreto06@gmail.com 2008/06/02 15:44
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fxgirls 2008/06/03 04:56
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orteganof@hotmail.com 2008/06/04 17:30
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FXSPECIALIST 2008/06/04 23:03
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