Tuesday, May 18, 2010

FOREXYARD Daily forex analysis

USD - Dollar Trades Lower Against the EUR


The Dollar lost part of its rally against the Euro and against the pound. Other major counterparts remained almost unchanged during yesterday's trading. The EUR/USD is currently trading near 1.2330. The pair was trading above 1.2400 during yesterday's late session. almost 150 pips higher than its five months record low.

The gains in the Euro came

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