EUR/USD is currently showing a second day of growth as the situation with the markets is trying to turn back to less volatile and risky. Expectations that during todays FOMC meeting U.S. interest rate will be cut to at least 1.00% is spurring the investors optimism. At a low, but still significant level, todays U.S. macroeconomic releases added confidence to the global economy. EUR/USD is currently trading near 1.2962 rate after trading at as low […]
Read moreThe U.S. dollar traded with an alternate success against the other major currencies as the investors are uncertain before the Feds interest rate meeting today and the state of the global financial system. After a strong growth on the U.S. stock markets yesterday and the second day of a reasonably fast advancement of the Asian stock markets, the investors are unsure whether to continue dumping […]
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