Euro Is Unable to Break $1.43 Level

[alessio09]

Tuesday the Euro inclined reaching $1.43, a new top for the last 8 weeks. The EUR also fell 1.1% versus JPY to 134.04 from 135.48 level reached on Monday. The fall was reasoned by stock decline as traders turned to the safety of the Japanese and American currencies. The Yen rose yesterday versus other major currencies in particular versus the EUR for the first time in 4 days as a worse-than-expected drop in U.S. Consumer Confidence this month discouraged investors from buying higher-profit assets.
View the calendar of upcoming business events here.

 

[Electron]

I think at current Euro is trying to reach the level best it can but due to downfall of other currencies too it finds it difficult to raise the 1.43$ level but soon it will.

 

[mikey109021]

well guys what would be the problem ig its 1.43 or 1.3... i dont understand tat..!!