The Euro advanced against the Dollar as Federal Reserve Bank of St. Louis President James Bullard said past experience indicates policy makers may not start to raise interest rates until early 2012. Current account came out worse than expected with -5.4B vs. 0.6B forecast. EUR/USD traded with a low of 1.4857 and with a high of 1.4990. Today, ECB president Trichet will speak at the Euro50 Group Conference in Paris.

EUR/USD - Last: 1.4921

Resistance

1.4966

1.4993

1.5016

Support

1.4912

1.4824

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