, 10-16-2011 at 06:05 AM (882 Views)
Most major currencies continued to rally against the US dollar especially the risky currencies including the AUD, CAD ass they have appreciated during most of last week against the USD; the main reports that may have affected forex traders include the recent U.S. jobless claims report, U.S. retails sales report and U.S.'s Federal Budget report. The forex traders continue to keep close tabs on the developments in Europe regarding the debt crisis and the U.S.'s economic progress. The recent G20 meeting over the weekend may have eased the concerns of the financial community in regards to the European debt crisis.
For the complete weekly EURO/USD analysis report see in Forex NRG
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