Market Moving News: EUR/USD - Dec 26

 @ibtimes on December 26 2009 2:05 AM

Eur/usd - 1.4249 ... Despite intra-day bounce to 1.4276 in Asia, euro has retreated fm there in part due to cross selling vs yen (st specs were seen squaring long eur/jpy positions) n minor consolidation is seen at European opening (futures are pointing to a slightly higher opening for the DAX n FTSE-100). Offers remain at 1.4290/00 n bids are noted at 1.4230 n also 1.4200 (some orders are likely to be option-related)...

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