More from FXstreet.com

Forex: EUR/USD keeps the red after France trade figures

By FXstreet.com,  January 08, 2013, 03:05:00 AM EDT

FXstreet.com (Barcelona) - Better-than-expected trade balance figures in the French economy during November have done little to change the bearish sentiment surrounding the single currency on Tuesday. In fact, the French trade deficit narrowed to €4.3 billion from €4.7 billion (revised), with a slight descent in both exports and imports.

As of writing, the pair is losing 0.01% at 1.3116 and a dip beyond 1.2998 (low Jan.4) would aim to 1.2996 (low Dec.12) and 1.2988 (MA55d).
On the upside, resistance levels line up at 1.3130 (broken up TL) followed by 1.3150 (MA21d) and then 1.3170 (MA10d).




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video

Take Control Of Your Wealth
Take Control Of Your Wealth         
How to Avoid Getting Caught Pre-Defection
How to Avoid Getting Caught Pre-Def...
WSJ House of the Week: And the Winner Is…
WSJ House of the Week: And the Winn...
How to Invest When Interest Rates Rise
How to Invest When Interest Rates R...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.




Most Active by Volume:

Company Last Sale Change Net / %
PFE $ 29.40 0.24  0.82%
NOK $ 3.86 0.17  4.61%
S $ 7.32 0.10  1.39%
BAC $ 13.27 0.06  0.45%
GE $ 24.33 0.56  2.36%
MU $ 13.76 0.52  3.93%
SIRI $ 3.40 0.06  1.80%
MNKD $ 6.605 0.94  12.40%