Wednesday, December 03, 2008
Euro and Pound Fall As Service Sectors Contract Further, Fueling Speculation Of Deeper Interest Rate Cuts
The
Euro fell sharply to as low as 1.2610 before finding support as weak
service sector and retail sales reports generated bearish sentiment.
The Euro-Zone PMI measurement fell to 42.5 from the flash estimate of
43.3 and last months read of 45.8.
• Japanese Yen: Finding Support at 92.80
•... [read more]
posted by forexgentrade,
in Euro, forexgen, Live Accounts Contest, Pound
@ 10:01 PM,
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