More on the Euro in Forex Trading

184581 Resource 119241 120646 120646 1190983324247 1190983324247 Controlled Euro Forex Trading Forecast

Euro zone currency to continue gains on FX market

The euro forex trading forecast looks positive, with the euro zone currency expected to continue its gains on the FX market. With U.S. economic data indicating that a Fed rate cut may be necessary again before the end of the year (and maybe even next month), the euro is looking strong in forex trading. <a href="http://today.reuters.com/news/articleinvesting.aspx?type=usDollarRpt&storyID=2007-09-28T101458Z_01_L28780083_RTRIDST_0_MARKETS-FOREX-UPDATE-4.XML" target="_blank" title="euro zone currency, FX market, euro forex trading, forex trading forecast, forex trading, U.S. economic data, Fed rate cut" style="font-family: verdana,arial,helvetica,sans-serif;">Reuters reports on the euro zone currency on the FX market</a>: <div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"> "I think the euro is going to continue to hit record highs against the dollar. The underlying forces that have driven the euro to these levels such as rate differentials have shown no signs of abating," said Simon Derrick, head of currency research at Bank of New York Mellon.</div> 9 application/xml false euro forex trading euro zone currency Fed rate cut forex trading forex trading forecast FX market U.S. economic data More on the Euro in Forex Trading Euro/dollar on the FX market http://www.bloomberg.com/apps/news?pid=20601083&sid=ajhtHZZld7NA&refer=currency The Euro Zone Currency on the FX Market Forex trading with world currencies http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.7) Gecko/20070914 Firefox/2.0.0.7 127.0.0.1 127.0.0.1 mmarquit false true false false true 119241 blog blogsite/GFTForex/web