What's in store for EURO this week?

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03-13-2008, 02:32 PM

james

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Join Date: Mar 2008

Posts: 52

What's in store for EURO this week?

News from bloomberg:

Euro Posts the Biggest Weekly Decline in 1 1/2 Years Against U.S. Dollar The euro posted its biggest weekly decline against the dollar since June 2006 on speculation a slowing economy will force the European Central Bank to join the Federal Reserve in reducing interest rates.

Is it more likely to start retracing or keep going down? What will you be looking for?

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