In our continent it
opened at 1.1515, it lost to 1.1440 when European ISM indexes were released.
Later on American unemployment pushed down the rate to 1.1536. Then the ISM
index for services in the U.S. firmed the dollar and the rate closed at
In the U.S. the trading session began at 1.1463 and closed and
1.1500 after moving in a similar manner as in Europe. Today the rate EUR/USD
opened at 1.1495 and should stay between 1.1440 and 1.1530.
Zdenek Safka, Investment Research, CSOB