Currency exchange rates today - strong pound and weak euro
July 1, 2010 |11:41 | Exchange Rates By : Team X
Nevertheless, the dynamics of a rising EUR/USD pair froze at around 1.2275, which is 50% correction from 1.2298 rollback to 1.2151. Current EUR/USD exchange rate is 1.2263. Meanwhile, the EUR/GBP pair failed to rise above stg0.8180.
The counter sales resisted to rising dynamics of this pair, making the EUR/GBP fall back from the maximum recovery stg0.8182. The pair is currently trading at around stg0.8174. It is said that support will be provided in stg0.8145/40 and if the upward movement is renewed, the pair is going to break above the level of stg0.8182, opening way to its future growth to the area of stg0.8200.
0 Comments
Leave a Comment