Euro steady versus Dollar in risk-off trade

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Source: Forexpros
© Scanpix/AP
On Thursday, the 17-nation currency was traded near a 2-month low versus the U.S. counterpart, as tax increases and spending cuts in U.S. weighed. EUR/USD hit a session low of 1.2743, and later consolidated at 1.2763, which was a slight 0.06% decrease during Asian trading hours. The pair's support was likely to be found at 1.2625, while the resistance was prone to be at 1.2825.
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Thu, 08 Nov 2012 13:56:11 GMT

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