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EUR/USD Renews Its Maximum

Today EUR/USD renewed its historical maximum value on Forex. It touched 1.5275 shortly after the news releases from U.S. concerning the construction spendings and ISM index for manufacturing business came out. The currency pair dropped down significantly after hitting this new maximum and is now trading near 1.5210. Construction spending in January fell compared to December by 1.7%. That’s worse than the last month’s 1.1% [...]

This entry was posted on Monday, March 3rd, 2008 at 11:37 am and is filed under Forex Currency, US Dollar, Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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