Central Bank Rates: USD 3.50% JPY 0.5% EUR 4.00% GBP 5.50% CAD 4.00%

Wednesday, January 2, 2008

Volatile market, Euro celebrating

EURUSD
GBPUSD
Monday's profit-taking speculations led to the US dollar rally against other currencies before the first day of the new year. GBP/USD fell almost 300 pips and EUR/USD fell almost 200 pips. This is another fact that trading may be very unpredictable in the last few days at the end of the year. Same for the first days of the new year.
Not to mention that Euro is celebrating its ninth birthday !

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