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Sterling Struggles On Risk Of Fitch Downgrade
11/10/09 by Daily Forex Snapshots
Filed under Forex & Futures
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Most major and EM currencies remain at elevated levels vs. the USD as Asian equity markets continue to make gains and highlight that risk appetite is alive and well. EURUSD remains well supported above 1.4940-50, but is still yet to make its next move to resistance at 1.5063 (26 Oct high), and thereafter 1.5100 resistance. Today’s German CPI (EU harmonized) figures were slightly subdued at 0.1%… | ||||||||||||||||||||
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