Market Moving News: EUR/USD - Jul 3
03 Jul, 2009 @ 12:34 am ET | written by AceTrader
Eur/usd - 1.3996...More short-covering has pushed the single currency higher fm 1.3927 (intra-day low made in Australia) n euro is now trading near its o/n NY close with some players on the sidelines ahead of the release of PMI data fm Germany n the eurozone. In addition, eurozone retail sales are expected to dip by 0.1% in May following a 0.2% rise in the previous month. Offers at 1.4000 have been filled n more selling interest is tipped at 1.4020/30 (stops remain abv 1.4100). On the downside, a mixture of bids n stops is reported at 1.3890/00...
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