Mar 10, 2013
Forex: EUR/USD opens below 1.30, targets 1.2880 - BBH
The Euro/US Dollar opens a new week of trading around 1.2990, 30 pips off the multiple-tested 1.2960-65 demand area, also low of the year, following Friday's improved US NFP data, which saw the pair taken lower from 1.3130 high as traders piled into the US Dollar on anticipation that the jobs number bring the Fed's QE tapering somewhat closer.
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