Wednesday, 18 November 2015

XE Market Analysis: Europe - Nov 18, 2015

The euro remains heavy, EUR-USD meeting resistance around 1.0650-55 on several occasions in late North American trade yesterday, and during pre-Europe Asian dealings today. The seven-month low at 1.0631 looks vulnerable. Markets are likely to remain jittery amid reports of a policy shootout with suspected terrorist/terrorists during a raid in a Paris suburb. Two Air France planes were also diverted.



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