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November 26, 2007 - Forex Economic News

Forex Markets - Low volatility trading. Will the dollar reach 1.5 to the euro?

Monday's trading has been quiet with no major news data coming out and the big question is still if the USD will reach a historic low against the euro at 1.5. With fresh housing data out this week(existing home sales, new home sales) the USD may test that level. Here are Forex rates as of approx. 12 pm EST.

EUR/USD 1.4858
USD/JPY 108.15
USD/CAD 0.9882
USD/CHF 1.1008
GBP/USD 2.0681
EUR/JPY 160.70
AUD/USD 0.8772
AUD/JPY 94.8736
EUR/GBP 0.7185
EUR/CHF 1.6357
CHF/JPY 98.2468

Tags: Euro, Forex Rates, USD------------------------------------------ Blog index