Euro Moving Up Against Dollar
Posted on May 31, 2008 at 08:22 AM EDT
EURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5550 level and was supported around the $1.5460 level. Technically, today’s intraday low was just above the 23.6% retracement of the move from $1.6020 to $1.5280. The common currency gained ground after it was reported that [...]