Tuesday, November 20, 2007

New Record for the EUR/USD !!

The EUR/USD has set a new all-time high at 1.4793.

It has drifted back a bit to 1.4785 but everything seems to indicate that there could be another attempt today at 1.48. We will stay tuned.

Also coming up today, the minutes from the FED's latest meeting. This could provide some helpful insight to what Fed members were considering about future interest rates.

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