FXstreet.com (Córdoba) - EUR/USD pulled back from a high of 1.2385 scored during the European session, and after a short-lived bounce that was capped by the 1.2350 level, EUR/USD resumed the downside weighed by German economy minister, Roesler, saying that debt shouldn't be a shared responsibility and the ECB should focus on the stability of money.
The euro came under pressure against the greenback following better-than-expected US retail sales data, which reinforce the view the Fed won't rush into QE3.
At time of writing, EUR/USD is quoting at the 1.2320 zone, recording a 0.1% loss on Tuesday, having touched a fresh low for the day at 1.2316 in recent dealings.
The euro came under pressure against the greenback following better-than-expected US retail sales data, which reinforce the view the Fed won't rush into QE3.
At time of writing, EUR/USD is quoting at the 1.2320 zone, recording a 0.1% loss on Tuesday, having touched a fresh low for the day at 1.2316 in recent dealings.
