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Risk Appetite Climbing Brings EUR Rise

This is a discussion on Risk Appetite Climbing Brings EUR Rise within the Market News forums, part of the Market Discussions category; EUR was pushed higher versus other currency pairs due to positive German Ifo Business Climate report. Worse-than-forecasted results in UK ...


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Old 07-27-09, 11:35 AM
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Default Risk Appetite Climbing Brings EUR Rise

EUR was pushed higher versus other currency pairs due to positive German Ifo Business Climate report. Worse-than-forecasted results in UK GDP brought high suffering for GPB. Climbing back above the 1.42 level against the USD, and even spiking upwards of 0.8650 against the Pound Sterling, the EUR's gains were very high last week.
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