EUR Bullish After EU Bailout-Fund Agreement

Source: ForexYard EUR Bullish After EU Bailout-Fund Agreement The euro staged a small but significant upward correction during European trading yesterday, following an agreement among euro-zone leaders to set up a permanent bailout fund. The news briefly lifted the EUR/USD above the 1.3200 level, but the pair was not able to sustain its bullish momentum and began falling shortly after. Today, traders can expect heavy volatility in the marketplace ahead of the US ADP Non-Farm Employment Change at 13:15 GMT. A better than expected figure could help the USD in afternoon trading. Economic News USD – USD Takes Losses amid Positive Euro-Zone News The US dollar slipped against its main currency rivals throughout the day yesterday, following positive . . . → Read More: EUR Bullish After EU Bailout-Fund Agreement