Forex | Forex | Global investor uncertainty supports the dollar and the yen (06/07/2009 07:22:34)

Global investor uncertainty supports the dollar and the yen

On Friday, trading in the EUR/USD currency pair lacked any clear direction and developed in a rather tight sideways trading pattern. In Europe there were no key data. On top of that there was no guidance for trading from the US as US markets were closed. EUR/USD ended a dull trading session at 1.3980, little changed from the 1.4003 close on Thursday morning. Nevertheless, investors were still rather cautious on the prospects for the global economy after the weaker than expected US payrolls


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