EUR/USD: Euro trading weaker against the U.S. dollar

Market news

11 November 2014

EUR/USD: Euro trading weaker against the U.S. dollar

The euro continues to fall against the U.S. dollar trading at USD1.2405 closer to its 26 month lows of USD1.2358 from last Friday. Weak Italian data further fuelled concerns about Eurozone's economic outlook. Investors are looking forward to U.S. data published at the end of the weak giving indication of the U.S. economies future growth and the FED's possible raise of interest rates.

Gold trading near four-year low but steadies around USD1150.0

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