EURUSD Rebounds Above 1.3400

by on March 26, 2010

G10 Advancers and Decliners vs USD EUR 0.82 CHF 0.78 GBP 0.62 JPY 0.44 EURUSD has enjoyed a strong rebound rally from its overnight lows of 1.3267 with a combination of Trichet comments, suspected fixing flows and position squaring into the weekend helping push the pair to a high of 1.3418. ECB President Trichet commented that the Greece solution was “workable” and furthermore that it was unlikely to be activated. Addressing some concerns expressed earlier in the…

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EURUSD Rebounds Above 1.3400

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