GulfBase Live Support
29/12/2012 16:25 AST
Given the uncertainty and the lack of progress surrounding the US ‘fiscal cliff’, the dollar strengthened as a safe-haven and advanced versus most competitors. Against this backdrop, EUR/USD fell over 90 pips throughout the European session and hit a 1-week low of 1.3164 before finding support.
The shared currency managed to bounce off lows and recover little ground, although it was capped by the 1.3200 level. At time of writing, EUR/USD is trading at the 1.3190 area, still 0.3% below its opening price.
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FXstreet
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
US Dollar | 1.00 |
Saudi Riyal | 3.75 |
Derham Emirati | 3.67 |
Qatari Riyal | 3.65 |
Kuwaiti Dinar | 0.30 |
Bahraini Dinar | 0.38 |
Omani Riyal | 0.39 |
Euro | 0.81 |
British Pound | 0.71 |
Japanese Yen | 104.70 |
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