Wednesday, September 25, 2013

EUR/USD Gains On U.S. Budget Impasse

On Wednesday Euro/Dollar increased with almost 80 pips. The European currency appreciated from 1.3460 to 1.3538 yesterday, matching the positive money flow sentiment at over +16%, closing the day at 1.3524. This morning the Euro is trading quietly, with movements at the upper end of yesterday's range for now.



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