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Excerpt from:  GFT Analysts in the News
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April 23, 2008

Euro Pulls Back in Currency Trading

Euro in forex trading
euro forex trading, euro currency trading, forex trading, US dollar currency trading, currency trading, currency market, forex trading market, euro zone, euro $1.60
Yesterday, the euro hit a record high against the US dollar in currency trading. The 15-nation currency reached the $1.60 mark in forex trading on the currency market.

This morning, though, the euro has pulled back a bit in currency trading on the FX market. However, between ECB leaders' comments on inflation in the euro zone, and the disappointing housing data in the US, the euro is expected to hit $1.60 again.
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Topic Tags:  currency market, currency trading, euro $1.60, euro currency trading, euro forex trading, euro zone, forex trading, forex trading market, US dollar currency trading
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