May 7, 2013
Forex: EUR/USD erasing daily gains after US optimism
The publication of a disappointing US economic optimism by IBD/TIPP has triggered the retracement of the gains made during the European morning in reaction to an upside surprise in German factory orders. The EUR/USD gains from 1.3070 area to 1.3132 high are now being erased, currently to 1.3087.
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