Excerpt from: Forex Forecast
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| June 24, 2008 | | Currency trading with the euro | Currency trading with the euro should take into account the fact that it is struggling right now. Indeed, the euro forex trading forecast is calling for continued struggles.
Most of the bad news is coming from a eurozone that is plagued with inflation, as well as a slowing economy. Reuters reports on the situation with the euro in forex trading:
Earlier in the session, reports showed high energy costs
had soured German business sentiment and the euro zone's
manufacturing and service sectors contracted in June, denting
the case for higher euro zone interest rates and punishing the
euro across the board. | Topic Tags: currency trading, currency trading euro, currency trading FX market, euro forex forecast, euro forex trading, eurozone inflation, forex trading forecast | |
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