Home > Investing > The eur/dollar was trading at 1.5402 a few days ago and is now trading at 1.5728?

The eur/dollar was trading at 1.5402 a few days ago and is now trading at 1.5728?

October 19th, 2009
trading currency
Brad J asked:


I am new to currency trading and feel this is a massive move. Is their a reason economicly for this????

JOHANSEN
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Investing , ,

  1. Jack C
    October 21st, 2009 at 18:10 | #1
    Reply | Quote

    The feds not raising interest rates increase usually leads to weaker usd.
    The number of workers on jobless benefit rolls held at fouryear high underscoring the feds not raising interest rates increase usually leads to weaker usd.

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