NEW YORK ( TheStreet) -- The major currencies moved hard throughout the European trading hours, as the USD was bought in-line with future interest rate and growth adjustments that sent the EUR/USD to the lowest value reached over the last 10 months of trading. The raft of dollar strength came as Europe's leading powers, Germany and France, agreed that the IMF should be involved in any Greek bailout.TheLFB trade team has been saying to look for USD strength since Friday of last week. The news that the two driving forces behind the euro would be compliant in the rescue of a sovereign nation was not well received, but it was obvious, ahead of the EU summit on Thursday and Friday, that the International Momentary Fund was not going to be left holding any hot potatoes on its own.
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