Excerpt from:  World Markets
.
December 30, 2008

Currency CFDs: Euro in Forex Trading

Contracts for differences on the euro should consider a bounce
Euro zone economic data, from French GDP data to euro zone retail PMI, is starting to look positive. And that means that the euro has received a bit of a bounce in forex trading.

Contracts for differences on currencies should consider that the euro is moving higher in forex trading. The euro is up against the U.S. dollar and the U.K. pound. In fact, the euro is at record levels against the sterling -- headed for parity for the first time in the history of the euro zone.

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Topic Tags:  CFDs, contracts euro, contracts for differences, contracts for differences currencies, currency CFDs, euro forex trading, euro zone, French GDP

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