FXstreet.com (Córdoba) - The recovery of the Euro after falling to 1.5060 failed to get back above 1.5100. EUR/USD currently trades at 1.5079/83, 0.25% above today's opening price. The pair has moved away from 1.5141 (intra-day high) and holds below 1.5100. On the downside support levels lie at 1.5060 and below at 1.5035/40 (intra-day low) and 1.5000.
The ecPulse.com analysis team affirms: The green currency gained versus a basket of major currencies, especially the euro, after unexpected decline in U.S. jobless claims as well as Trichet's announcements which denoted that the ECB will scale back non-standard measures. Trichet also mentioned that a strong U.S. dollar is better for them and the U.S.