After
another rally spiking to 1.2830 as the NY session opened, the EURUSD eased back
to the 1.2800 psychological level. Fed's Lacker is in favour that the US
Congress limits the central bank's credit policy and is against linking the
policy to the unemployment rate. Also, Reuters reported that Italy may veto the
EU budget if it goes against the country’s interests. The pair is currently
trading sideways at 1.2800 after the release of weaker US building permits and
better than expected housing starts.
Later
Bernanke (FED) will speak and might
No comments:
Post a Comment