Euro on course for recovery - Clearly over 1.26 USD
Kategorie: Dollar Forex, 27.Mai 2009
On Thursday lunchtime, the euro exchange rate in Forex was traded at 1.2660 USD. This shows a clear recovery trend, after the fall of yesterday.
Analysts speak of profit taking in dollars, that caused a recovery of the euro in the FOREX market.
The currencies of the Central and Eastern EU countries did after the
sharp devaluation of the euro continue to recover. Analysts say the reason is that the EU is prepared to aid packages tohelp.
The U.S. initial claims for unemployment assistance during the week at
14 February were 627,000 in the vicinity of the expectations.
The Forex Courses at 16:30 USD / CHF 1.1745 EUR / CHF 1.4897