Market Moving News: EUR/USD - Jul 27

By IBTimes Staff Reporter | July 27 2010 12:05 AM

Eur/usd - 1.2912.. Despite euro's early brief but sharp retreat fm 1.2909 to 1.2808, the single currency managed to rebound in late NY trade as U.S. stock rose and investors digested European bank stress test results that showed most banks have enough capital. DJI closed up by 102 points, or 0.99% at 10424.

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