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Market Moving News: EUR/USD - Aug 21

21 Aug, 2008 @ 03:44 am ET | written by AceTrader


Eur/usd - 1.4780 ... Despite intra-day rise to 1.4834, the single currency has retreated in European morning after the release of worse-than-expected German manufacturing PMI data (49.9 vs forecast of 50.5) n stops below 1.4760 are in focus, however, mixture of bids n stops remains at 1.4730-40. On the upside, offers are tipped fm 1.4800 up to 1.4830 with stops building up abv latter lvl...

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