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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

Forex Trading News: EUR Makes Records Vs. GBP Once Again

Posted by Mr. Danish FX on Wed, 04/16/2008 - 6:06am in

Not only is the EUR topping charts vs. the USD, but also vs. the GBP.  This EUR momentum was achieved after the strong inflation/CPI data gave an good indication that the ECB will not be cutting interest rates anytime in the near future.