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Euro Climbs on German Business Confidence and PMI Data; UK Slides on Disappointing GD

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jul 25, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The greenback came under pressure today against most of its rivals, as positive data from Germany and the Euro-zone helped boost risk appetites. The Euro-Dollar pair, after sliding in late trading yesterday, rose about 100 pips overnight to test the 1.4250 area. That level had been set up as a...

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