Market Moving News: EUR/USD - Apr 19

By IBTimes Staff Reporter | April 19 2010 12:35 AM

EUR/USD - 1.3553.. Despite staging a short-covering rebound to 1.3586 in last NY trading, traders sold euro again as st specs sold euro n euro crosses as decline in the N225 n y'day's renewed concern over Greece's debt problem prompted intra-day unwinding of yen carry trades. Offers have been lowered to 1.3560-80 area n stops are touted below y'day's 1.3521 low n more below 1.3500.

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