Tuesday, February 25, 2014

EUR/USD Sluggish After U.S. Consumer Confidence

On Tuesday Euro/Dollar traded within 50 pip range. The European currency depreciated from 1.3767 to 1.3714 yesterday, not matching the positive money flow sentiment at around +9%, closing the day at 1.3733. This morning the Euro is trading quietly, with movements within yesterday's range for now.



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