Thread: Weak Dollar?
View Single Post
  #18 (permalink)  
Old 05-24-2007, 11:07 PM
forexcranium's Avatar
forexcranium forexcranium is offline
Senior Member
 

Join Date: Dec 2006
Posts: 195
Default

I think much of Euro's price action was due to order flows - kinda hard to pin down what caused the dollars ebbs and flows againts the euro yesterday. There must have been a large institution buying dollars for yen, so this and other position-jockeying could have been responsible for the euro-dollar's moves.
Reply With Quote