Euro Versus Dollar and Yen November 25th

FX Strategy Video > Currency Pairs Analysis

EUR/USD rose a bit during the Thursday session during the early hours. The German PM then put the Euro on the back foot as she said that the Eurobond wasn't the correct route for the EU. Markets are hoping for a super bond of sorts, and this could have put a damper on that dream.

EUR/GBP rose a bit during the session as the profit taking continued. The pair looks bearish, but let's face it - both of these currencies are ugly at best. The UK is VERY exposed to the EU crisis.

Published on 24th of November 2011
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