EUR / USD down on sales of Asian investors and the UK clearer

Market news

5 December 2012

EUR / USD down on sales of Asian investors and the UK clearer

Gets shoved down to $1.3060, with traders linking main weight in this latest move to UK clearer sales of euro-yen as well as Asian sovereign

sales of euro-dollar. Next support of note seen at $1.30450. Rate currently trades around $1.3069.

UK Finance Minister Osborne: Economy is recovering, although it will take time

European stocks rose for a third day

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.