July 30th, 2010
Euro, British Pound Lose Ground as Market Sentiment Falters, U.S. 2Q GDP on Tap From DailyFX
The Euro pulled back on Friday and slipped to a low of 1.2980 during the overnight trade as investors scaled back their appetite for risk, and the shift in mark sentiment could lead the EUR/USD to retrace the advance from earlier this week as the economic docket is expected to show the world’s largest economy expanding at a slower pace in the second quarter.
Posted in Forex