Day: July 10, 2007

EUR/USD Renews Its Decade Maximum

Today EUR/USD hit 1.3738 mark renewing its maximum since 1995. So we are at the almost twelve years maximum now and the possibilities for going even farther are getting higher and higher. Not many reasons for such a strong Euro rally for today. The only good ones I can think of — oil prices rising and some Eurozone financial leaders speaking of support for an expensive Euro. Other than that — only […]