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FXstreet.com (Crdoba) - The Euro is moving in ranges against the Dollar. EUR/USD found support at 1.3600 and to the upside has been capped by the 1.3640 zone. Current price at 1.3601/05 is 0.58% below today's opening price.
The pair is headed toward the fifth weekly loss in a row and accumulates a decline of more than 1500 pips since December of 2009.
Problems in Europe plus a weak reading in GDP added pressure to the Euro that is falling sharply across the board.
Forex: EUR/USD in ranges between 1.3600 ? 1.3640
Posted 2/12/2010 2:05 PM ET by from FXstreet.com
The pair is headed toward the fifth weekly loss in a row and accumulates a decline of more than 1500 pips since December of 2009.
Problems in Europe plus a weak reading in GDP added pressure to the Euro that is falling sharply across the board.
