Sabtu, 07 Mei 2011

EUR/USD Finds Comfort As German Industrial Production Rises

German industrial output rose by 0.7%, marginally exceeding expectations of a 0.6% rise. The Euro-zone’s powerhouse managed to correct the bad impression left from yesterday’s factory orders. The �falling Euro is slightly better �positioned towards the upcoming Non-Farm Payrolls. EUR/USD now trades at 1.4545, slightly higher than the lows under support of 1.4520 seen earlier

Source: http://feedproxy.google.com/~r/ForexCrunch/~3/ysEiltXBxiE/

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