EUR/USD Falls to 1.3260 During Trading Session

The two currencies that seemed to be enjoying a field day right across the board of currencies are the yen and the dollar. Both these currencies seemed to rise against several major currencies while on the other and the stocks in the market fell down sharply and the treasury yields seem to have risen sharply though. The trading pair of the EUR/USD had broken to a level of about 1.3280 and then fell down to about 1.2360 which was a few points less. However the trading pair still seemed to be at a positive note for the day, but also managed to loose most of its gains that it had made during the previous days trade and the gains that occurred during the weekend. The falls and the losses however seemed to have happened during the last few hours of trading session in the week.

The euro in its trading session seemed to have risen earlier today to a level of 1.3341 that reached that highest price ever since last of Tuesday’s session but however it did not manage to keep its head above the 1.3300 mark. The pair is now slowing moving to its daily lows which is triggered at 1.3222.

At present the trading pair now has a trading level of around 1.3265/69 which is about 0.19% over and above the opening price.