Forex Trading Commentary: US GDP Revised Lower; US Consumer Sentiment Improves
Posted on September 27, 2008 at 05:48 AM EDT
Euro The euro lost marginal ground vis-à-vis the U.S. dollar Friday as the single currency tested bids around the US$ 1.4555 level and was capped around the $1.4675 level. Technically, Friday’s intraday high was right around the 38.2% retracement of the move from $1.2475 to $1.6040. It appears that U.S. congressional officials have not [...]
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