Saturday, 1 December 2012

DailyFX - Forex Market News: Forex Analysis: Euro Upside Momentum in Question but Fiscal Cliff Offers Reprieve

DailyFX - Forex Market News
Forex Market News
Forex Analysis: Euro Upside Momentum in Question but Fiscal Cliff Offers Reprieve
Dec 1st 2012, 08:33

The Euro was the top performer the past week despite only a modest performance, gaining +0.11% against the US Dollar, the second best performer, and gaining +0.59% against the Japanese Yen, the worst performer. Overall, the prevailing drivers of price action were only in part out of the Euro-zone, as there was a lot of hoopla surrounding the Greek aid negotiations coming down to the wire (with a deal ultimately prevailing).

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