Monday, May 24, 2010

FOREXYARD Daily forex analysis on 25 May 2010

Headlines

Euro Tumbles Following Spanish Bank Takeover
The Euro fell broadly throughout the night following news that the Spanish government is planning to takeover a smaller savings bank due to a failed merger attempt. The EUR/USD, currently trading below the 1.2300 level, has fallen more than 100 pips since yesterday evening as one of the results.


USD
Dollar Receives Boost Following

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