ForexSQ.com - EUR/USD drops to Six-day low

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Jan 11, 2011
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The euro tumbled to a six-day low against the U.S. dollar on Thursday, after unexpectedly poor Chinese trade data fanned fears over a slowdown in global growth while concerns over euro zone sovereign debts also weighed.

EUR/USD hit 1.3805 during late Asian trade, the pair’s lowest since March 2; the pair subsequently consolidated at 1.3825, shedding 0.56%.

The pair was likely to find support at ....Full Forex News at :

http://www.forexsq.com/currencies/fx-news-eurusd-drops-to-six-day-low-/


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