by Lena Manousarides

To Be a Bull or Not to Be a Bull?

By Lena Manousarides
14 August 2009 @ 05:45 am EDT

The week has come to an end, with dollar showing signs of weakness once again against its major counterparts and especially the euro, after better than expected news out of Germany and France yesterday, suggested that the worse may indeed be over for the Euro area and recovery may very well be a reality. The GDP numbers in Euro zone were surprisingly strong and traders honored the European currency by buying it gains the buck, taking the EUR/USD back up towards 1.43.

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