Euro Gains in Currency Trading

July 26, 2010
[Story ID: 5532]

Euro forex trading forecast

The euro is gaining in currency trading on the FX market as some degree of risk appetite returns to the market. Even though there are some doubts about the global economy, the U.S. dollar is down across the board and forex traders are showing interest in the euro.

Indeed, the euro is getting some relatively solid help for the forex trading forecast, reports Boris Schlossberg in FX360:

The better than forecast PMIs and the largest monthly rise in IFO since German reunification all point to unexpectedly robust performance in Q2.

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