Archive for October 24th, 2009

 

Weekly Review and Outlook: EUR/USD Closed above 1.5 but Loses Momentum, Sterling Reversed

Oct 24, 2009 in Grow Financially, Investment Protection, Opportunities

Sterling dominated the headline last week and had a roller-coaster ride as expectation on BoE quantitative easing program flip-flopped. While dollar dipped through 1.5 level against Euro, it was mixed in general and managed to close higher against Japanese yen and Canadian dollar. The Japanese yen was the worst performer…