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Greg Michalowski

EUR/USD Moves Higher On A Weak US Dollar Today

By Greg Michalowski on July 1, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

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The EURUSD has resistance at the highs from June 11th at the 1.4177 level.  The high has been 1.4171 so far.  At 10AM we wil have the ISM for June.  Expectation is for a rise to 44.9 from 42.8 last.  Also released will be Pending Home sales (0.0% exp vs +6.7% last). Construction Spending is expected to come on at -0.6%

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