Are we seeing the end of the USD correction? For a change, data coming out of the US was not all bad and the dollar had reasons to rise The result is a fresh surge of the greenback. For the euro, which continues being weighed down by QE, this means new falls. Also talks about Greece’s cash flow have a negative impact.
EUR/USD is hardly holding on to 1.08, basically erasing the gains for the week. We still have more important figures later in the day.
Read the rest of the article EUR/USD falls to 1.08 – erases the weekly gains