Forex Trading: EUR/USD Falls Behind Comments

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Forex Trading: EUR/USD Falls Behind Comments

By Greg Michalowski on January 14, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

The EUR/USD dropped nearly 100 PIPS behind the following comments from Irish PM Cowen:

Irish PM Cowen: May call on IMF if the economic situation worsens -Irish Media
- Note: 1.09 - S&P lowers Ireland’s outlook to “Negative” from “Stable”; cites concerns over public finances

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*Portugal July.-Sept. Trade Deficit At EUR 1.49 Bln - 18 mins ago
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