Forex | Forex | FX major cross rates remain within the established ranges (30/06/2009 07:24:53)

FX major cross rates remain within the established ranges

On Monday, EUR/USD again mostly tracked the price action on the stock markets. European stocks opened in negative territory but investor sentiment improved later in the session. This improvement was also visible in the rise of the oil price. The move was reinforced by better than expected economic sentiment indicators from the European Commission. After the BIS meeting, there were still some headlines on the screens on the dollar’s status of reserve currency. However, this factor was only of


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