EUR/USD tries to recover

Market news

13 May 2011

EUR/USD tries to recover

EUR/USD fell under $1.4100 to put the lows around $1.4060. But euro now struggling to top close by resistance at $1.4120 level of the week's low prior to the last dip, may be vulnerable to another sell-off, a trader says.

Dow -116.67 at 12579.25, Nasdaq -32.05 at 2830.99, S&P -11.76 at 1336.89

Dow -124.50 at 12571.42, Nasdaq -31.06 at 2831.98, S&P -12.21 at 1336.44

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