Excerpt from: European Markets
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| March 10, 2010 | | Spread betting and contracts for differences on European markets | Earlier in the session, the euro struggled in forex trading against the U.S. dollar. In large part, this was due to the weak trade numbers coming out of Germany.
As the largest economy in Europe -- and the euro zone -- Germany is very influential in terms of how the euro does in spot forex trading.
However, this weaker trade data has been gotten over, for the most part. With European stocks managing to hold on to their gains, and with the U.S. stock market opening higher, there is some optimism, also helped along by positive news out of China. For now, the euro has pared its earlier losses and is moving higher in spot forex trading.
| Topic Tags: CFDs, contracts for diffrences, euro forex trading, euro zone, forex trading, spot forex trading, spread bets, spread betting | |
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