Currency Trading with the Euro

212628 Resource 119232 120646 120646 1221134790997 1221134790997 Controlled Euro Breaks Below $1.40 in Forex Trading

Currency trading with the euro

The euro has broken through the $1.40 level in forex trading on the currency market. The move came after the <a href="item/212627" target="_blank" title="New Zealand cut rate, forex trading, euro forex trading, currency trading, currency trading euro, Kathy Lien, euro $1.40">Reserve Bank of New Zealand cut it its rate</a> by 0.5 percentage points -- twice the expected cut. However, there are other <a href="http://www.kathylien.com/site/us-dollar/euro-breaks-140-after-new-zealand-rate-cut" target="_blank" title="New Zealand cut rate, forex trading, euro forex trading, currency trading, currency trading euro, Kathy Lien, euro $1.40">reasons that the euro is struggling in forex trading</a>, reports Kathy Lien: <ol style="font-family: verdana,arial,helvetica,sans-serif;"><li>Falling oil prices.</li><li>Eurozone growth estimates have been cut.</li><li>Risk aversion.</li></ol>With eurozone economy slowing, and many in the U.S. optimistic that the worst could be over, it is no surprise that dollar weakness against the euro in forex trading is being replaced by strength. 9 application/xml false currency trading currency trading euro euro $1.40 euro forex trading forex trading Kathy Lien New Zealand cut rate Currency Trading with the Euro Forex trading with world currencies http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.1) Gecko/2008070206 Firefox/3.0.1 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119232 blog blogsite/GFTForex/web