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Forex » Forex Dice Major Currency Pairs » EUR/USD » BULLET: Euro-dollar: High prints was $1.5373, traders that...
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Old 03-06-2008, 10:16 PM
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Lightbulb BULLET: Euro-dollar: High prints was $1.5373, traders that...

BULLET: EURO-DOLLAR: High prints was $1.5373, traders that...

EURO-DOLLAR: High prints was $1.5373, traders confirm, suggesting that
the record book be updated in erasable pencil, as has been the case all
week. Lack of dovish remarks from ECB Trichet not really a surprise but
said behind the euro romp higher over the course of his press conf. Euro
holds above $1.5330 area since the high but price action remains choppy,
traders more and more blaming the "AI" machines for difficult price and
order execution. Barriers eyed at $1.5375 and $1.5400 but traders not
assigning much weight to any notion that those will provide any lasting
resistance.
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