Market Moving News: EUR/USD - Nov 14

14 November 2008 @ 01:31 am EDT

Eur/usd - 1.2729...Cross-selling vs yen n chf has put pressure on euro n bids at 1.2700 are in focus with stops placed below there (more buying interest is reported at 1.2670/80). Traders will look to how European equity markets open following y'day's late surge in the Dow. Fresh Offers fm various accounts (incl. funds) are reported at 1.2800/10 with a mixture of offers n stops likely to emerge at 1.2850/60...

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