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June 17, 2008

Euro Makes Gains in Forex Trading

Despite weakening economy, euro rises in currency trading
The euro is continuing to make gains in forex trading today, although they are somewhat subdued. Things are looking somewhat bleak for the eurozone economy right now,  with economic data -- especially the influential German ZEW -- showing weakness.

Even though inflation is on the rise in the eurozone (as it is in British economy), there are worries about the underlying economy, and that is capping gains by the euro in currency trading on the FX market. 
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PermalinkEuro in Forex Trading
.Currency trading on the FX market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  British economy, currency trading FX market, euro currency trading, euro forex trading, eurozone, forex trading, German ZEW, inflation
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