The signs that the dollar may have reached the bottom add up. However, we are waiting suspensefully for the U.S. GDP figures for the second quarter and the FOMC interest rate decision, which are to be announced this coming Wednesday, to get a clearer picture and confirmation. Until then, like today, some light upwards movements of the USD seem to be the likeliest scenario. Intraday Market Outlook for Day Traders EUR / USD Currently trading at 1.5658, the EUR / USD is struggling to recover some

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This entry was posted on Monday, April 28th, 2008 at 5:04 am and is filed under Financial Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.