Wednesday, May 19, 2010
EUR/USD tumbling to fresh 4-year lows
The German naked short-selling ban has triggered concerns that the crisis in Europe is one of yet unimagined scope and size, says Trader. This has sent EUR/USD tumbling to fresh 4-year lows, and the trader says selling on any rally is favored ahead of a break below 1.2000. EUR/USD now at 1.2200.
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