Excerpt from:  GFT Analysts in the News
.
April 15, 2008

Euro Moves Higher in Currency Trading

Forex trading with the euro
French inflation, forex trading euro, euro currency trading, US dollar currency trading, euro $1.60, economy eurozone, currency trading FX market
The euro is moving higher in currency trading on the FX market as French inflation increases. France represents the second-largest economy in the eurozone, and it has some influence in forex trading with the euro.

Some analysts think that the euro is headed for $1.60 against the US dollar in currency trading in the near future. The International Herald Tribune reports on forex trading with the euro:

The 15-nation euro traded as high as US$1.5865 in morning European trading, up from US$1.5808 in New York late Monday. The euro has been hovering close to its latest all-time high of US$1.5912, reached last Thursday.
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Topic Tags:  currency trading FX market, economy eurozone, euro $1.60, euro currency trading, forex trading euro, French inflation, US dollar currency trading

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