08.08.2008 20:48

Goldman Sachs about EUR/USD

“The euro's decline below $1.53 and the break of the 200-day moving average at $1.5226 marks a significant change in sentiment for the dollar, pointing to a further decline to $1.46,” Kevin Edgeley, technical analyst at Goldman Sachs Group Inc., wrote. “It was the first time the euro fell below the 200-day moving average since 2006”, he added.






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