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April 22, 2008

Euro Continues to Rally in Currency Trading

EUR/USD gains in forex trading
The euro continues to rally in currency trading, trading within range of a record high against the US dollar on the FX market.

The currency paid EUR/USD in forex trading has been a bit volatile the last few weeks, and it is steadying somewhat this morning ahead of US economic data.

However, the euro remains in striking range of the record high in currency trading, and weak economic data -- along with oil prices that hit above $118 a barrel -- could propel the euro through the psychological barrier at $1.60.
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.Currency trading on the FX market
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Topic Tags:  currency trading, EUR/USD forex trading, euro currency trading, euro record, forex trading, FX market, oil prices, US dollar
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