Forex | Forex | Forex: EUR/USD pullbacks from 1.4100; up 1.65% so far today (23/06/2009 17:34:00)

Forex: EUR/USD pullbacks from 1.4100; up 1.65% so far today

FXstreet.com (Córdoba) – Dollar is plunging across the board. EUR/USD is now below 1.4100 at 1.4080/85 but is 1.65% above today opening price. The pair has risen more than 250 pips from intra-day low 1.3832. EUR/USD topped at 1.4105 reaching the highest price since June 12. The next resistance zone is located at 1.4140 (June 12 high). The Euro is heading toward the biggest daily gain since May.

On other news, Barack Obama said at a news conference in the White House, that Ben Bernanke, chairman of the Federal Reserve has done a fin job during the financial crisis.



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