Friday, 18 January 2013

EUR/USD Euro Roars Back After Recent Losses

After posting losses during the week, EUR/USD bounced back early in Thursday's European session. The euro has gained about a cent on Thursday, and has climbed up to the 1.360 range. The euro got some help after positive comments from a senior ECB member. There is only one release out of the Eurozone, as the markets await the publication of the ECB Monthly Bulletin. In the US, it will be a busy day, with three key releases – Building Permits, Unemployment Claims and the Philly Fed Manufacturing Index.

No comments:

Post a Comment