5 Factors Weighing on EUR/USD This Week
Posted on June 22, 2009 at 17:33 PM EDT
German business confidence improved marginally which should have been bullish for the euro, but unfortunately the most actively traded currency pair in the forex market has remained under pressure throughout the European and U.S. trading sessions. So if the EUR/USD is not responding to economic data then what is driving it lower? Five factors: 1. [...]