The Euro lower versus the U.S. dollar on Fed expectations

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Source: Forexpros

On Monday, the 17-nation currency was lower versus the Greenback, but remained supported as disappointing U.S. data fueled expectations of further Fed stimulus. EUR/USD hit a session's low of 1.2700, and subsequently consolidated at 1.2778, losing 0.29% in European afternoon trading session. The pair's support was likely to be at 1.2625, while resistance could be at 1.2816.

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Mon, 10 Sep 2012 13:22:41 GMT

China trade gap widens more-than-expected

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Mon, 10 Sep 2012 15:43:22 GMT

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