• EUR/USD under $1.4900

Market news

4 May 2011

EUR/USD under $1.4900

EUR/USD breaks back under $1.4900 to trade currently at $1.4873 as Bund yields slip  and as weak euro longs throw in the towel on positions accumulated above $1.4900. Area of $1.4880 earlier suggested as support, and below here $1.4850 expected to hold bids.


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