Forex Trading : EUR / USD rebounded sharply after falling below the barrier of 1.05 area, although it remains inside the red zone and we are heading towards the European opening bells, mainly driven by a halt rising dollar.
Rebound in EUR / USD from 1.0496 area
Trading EUR / USD is now at 1.0537 area, recording a loss of -0.10% on the day, having rebounded from the lowest level in the new twelve-year-old, who previously scored at the 1.0496 area. Wear EUR / USD from its lowest level since February 2003 largely on the back of falling US dollar index, where it seems that buyers Dollar USD has consumed their strength after the break back above the 100 area for the first time since April 2003.