Euro unable to follow stocks

Friday, June 19, 2009

U.S. positive data helped greenback at the end of the day, and despite rising equities Euro fell to the 1.3900 level after failing to break above key 1.4000 zone. Risk appetite has been replaced by uncertainty for what to expect in the second half of the year, and ahead of the Federal Reserve meeting next week, leading to wide intraday swings.
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