Euro Touched 49-Month Low
May 17, 2010
Market movement has grabbed overnight attention in environment of relatively light data and event calendar. The euro touched $1.2232, its weakest value since April 18, 2006. The dollar has risen 0.4% against the euro, Swiss franc, and Canadian dollar. The greenback’s gains have been stronger against sterling and the Aussie dollar (0.9% in both instances) [...]
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