EUR/USD Daily Technical Analysis

Monday, 13 July 2009

Bearish movement for the USD

The american currency experienced a downtrend after the Federal Budget Balance announcement was made today at 7pm GMT.

The negative numbers of -94.3B indicated a deficit of about $1 trillion. The american currency took a downtrend after the news.

Posted by Dobrin Stoimenov

Labels: Forex Trading News

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