forexcozy™ Trading for Living

U.S. Forex Market Commentary

Posted by admin
Mei 28, 2008

EURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.5700 figure and was capped around the $1.5815 level.  The common currency gave back much of the gains it had notched over the past three trading days.  A retreat in NYMEX July crude oil futures back to the $130/ $129 handle added to the pair’s decline.  Data released in the U.S. today saw April new home sales climb to an annualized 526,000 unit rate but remain at

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