EUR/USD under pressure

Market news

6 May 2011

EUR/USD under pressure

Despite denials of the Greek story (considering pulling out of the eurozone, the euro presses lower, taking out earlier lows around $1.4450/55 to post a new low near $1.4422. Medium demand at $1.4420 and minor demand at $1.4400. ahead of $1.4390/70.

HSBC on US jobs

Dow +164.16 at 12748.33, Nasdaq +40.70 at 2855.42, S&P +18.28 at 1353.38

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