Euro Dollar: New Releases for the Euro Thursday, June 24, 2010 at 11:01

The euro weakened this morning in a very unfavorable equity markets on both sides of the Atlantic. The single currency had yet demonstrated yesterday in the wake of resistance from the status quo of the Central American Bank. A decision with comments extremely cautious about growth prospects across the Atlantic, in rejecting the possibility of further engagement of a new bull cycle on rates.

Around 10:55, the spot EURUSD is approximately 1.2275.

From a graphical perspective, the moving average 100 hours (in orange for schedule) was clearly deflected downward and the spotlight finds himself unable to draw new 'highest'. Figure drawn from 15 June to encourage dealers to schedule vendor board on the single currency in the short term. They will target an area close to 1.2168
Hourly data chart:



Daily data chart: