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Euro Trying to Gains Again; Markets Hold Meeting Merkel-Lagarde

fxbom.com
06:39 PM

In today’s trading the euro exchange rate appears to be still trying to continue its gains against the U.S. dollar. The euro moved higher against the dollar before a meeting between German Chancellor Angela Merkel with the IMF’s managing director Christine Lagarde. Optimism on the steps the European settlement of the crisis began to emerge.

Merkel stated that Greece will be the focus of discussion during his meeting with Lagarde today in Brelin. Merkel expressed the desire of Member States to Greece bias euro area remains part of the euro area.

Absorption of Labor is expected Improved, Breath of Fresh New Year In U.S.

fxbom.com
08:47 PM

Investor interest against the U.S. dollar increasingly passionate and positive sentiment towards the currency drove the dollar index to a revolving at 80.63 tonight. At the highest range in the last five trading days, the U.S. dollar index is still potentially strengthened.

Fxbom.com analysts argued that although the Department of Labor report earlier showed an increase in the number of jobless claims at the end of last year, but the breath of fresh in the new year is expected to strengthen business development and increase employment.

Buy EUR/USD at 1.2850

fxbom.com
08:42 PM

Signal EUR/USD

  • BUY EUR/USD @ 1.2850
  • TP 1.3000
  • SL Not Set
  • January 20, 2012 06:50 AM: Close +111.

Buy EUR/USD at 1.2960

fxbom.com
10:00 PM

Signal EUR/USD

  • BUY EUR/USD @ 1.2960
  • TP 1.3060
  • SL Not Set
  • January 24, 2012 02:40 PM: Close +58.

Euro Try Rebound from Low Level Since December 2000

fxbom.com
06:19 PM

On this Tuesday morning trading the euro exchange rate against the yen rebounded after a sharp move lower. Euros in morning trading this back drop to reach the lowest position in 10 years against the yen. This morning the euro appears to move a limited rebound.

The euro was observed in the movement of a solid bearish on concerns about the debt crisis of Europe, which until now still have not found a bright spot settlement. The release of economic data from Europe is still expected to show a lethargic condition. Market focus on the release of manufacturing and service sector data in Europe are expected to return indicates contraction.

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