Market Moving News: EUR/USD - Nov 16

16 November 2009 @ 12:35 am EDT

Eur/usd - 1.4861 ... Euro has recovered after y'day's selloff to 1.4821 on profit taking n minor consolidation is seen in Asia. Y'day's fall in U.S. equity markets has weighed on regional bourses today (Nikkei-225 ending the morning session down 52 points). Fresh selling interest is tipped at 1.4900 n further out at 1.4940/50 while on the downside, bids are reported at 1.4800/10 with stops likely to emerge below there...

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