In May 2010, the euro fell sharply, even dropping below its lows from 2008. While the pair remains on a downtrend on the weekly chart, last week saw a correction back to the 2008 lows. It's still too early to tell if the euro will continue its slide against the dollar or if the trend will shift.
It is highly likely that the data published will affect the movement of EURUSD. How? You can evaluate the market situation and forecast price movement with the help of the unique package of analytical services offered on our website:
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