Dow 10,000 EUR/USD 150 - what do we think about that? Will the greenback continue to slide through the NY session today or can it reverse the trend? I'm looking at buying USD and selling XAU for a quick hit before the US session. With TIC Net Long term Transactions being reported, wish me luck.
The Euro continued to rise versus the Dollar trading with a low of 1.4843 and with a high of 1.4968 reaching the highest level since September 08. European consumer prices fell for a fourth month in September as energy prices dropped and companies cut jobs and reduced costs to weather the global economic slump.