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Latest Forex Market Analysis by ForexHound.com

The EUR USD opened the New York Session sharply higher following the release of better than expected economic reports out from France and Germany. The reports showed surprise improvements in French manufacturing and German services. This news set the table for a spike to the upside until Fed Chairman Bernanke declared that the U.S. economy was on the verge of emerging from the recession. His statement sent equity markets and the Dollar soaring putting downside pressure on the Euro.

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1 comments:

Darren Demers said...

The EUR USD opened the New York Session sharply higher following the release of better than expected economic reports out from France and Germany. shawls online , pashmina shawls online , silk shawls online , shawls online , black shawl , white shawl , shawl , silver shawl , gold shawl , navy shawl The reports showed surprise improvements in French manufacturing and German services. This news set the table for a spike to the upside until Fed Chairman Bernanke declared that the U.S. economy was on the verge of emerging from the recession. His statement sent equity markets and the Dollar soaring putting downside pressure on the Euro.

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