Market Moving News: EUR/USD - Jan 4

By IBTimes Staff Reporter | January 04 2010 12:35 AM

EUR/USD - 1.4400.. The single currency remained under pressure n the pair dropped briefly to 1.4374 after the release of U.S. jobless claims (432K versus the consensus forecast of 460K n 452K in previous wk). Bids are seen at 1.4350 n 1.4320 with mixture of bids n stops reported around 1.4300. On the upside, offers are placed at 1.4410/20 n 1.4440 with more selling interest noted at 1.4470/80.

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