Jan 12
27

USD Drifting Lower After Fed, But EUR/USD Fails To Take Out 1.32

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On Thursday, currency markets still had to adapt to the Fed’s soft stance. EUR/USD come close to the 1.3197 resistance, but a break didn’t occur. USD/JPY was pushed back in the longstanding consolidation pattern. A solution to the Greek PSI talks might still help the euro, but rebound in EUR/USD

Post Title: USD Drifting Lower After Fed, But EUR/USD Fails To Take Out 1.32
Author: admin
Posted: 27th January 2012
Filed As: Forex, Fundamental Analysis
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