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Market Moving News: EUR/USD - Jul 24

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24 July 2008 @ 12:40 am EST
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Eur/usd - 1.5698...Euro traded as low as 1.5676 this morning on selling fm st specs on rumours that the German Ifo index to be released today may be weaker than expected, however, bids (some were rumoured to be fm sovereign names) emerged abv y'day's low at 1.5670 n the single currency recovered to 1.5708. At the moment, offers are reported at 1.5720/30 whilst on the downside, more buying interest is lined up at 1.5650 with stops building up below there...

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