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Mysterious EUR/USD growth on Thursday evening (research for Onet.pl)

Author: biznes.onet.pl
Address: http://biznes.onet.pl/zagadkowy-wzrost-eurusd-w-czwartkowy-wieczor
Published: 16.08.2013

This week EUR/USD needed a correction. Good information from Europe should be discounted and positive makro reports from over the ocean have been overlooked lately. This scenario was factual until Thursday. Then, unexpectedly, we were back on the 1,3300 level. The zloty held steady at 4,20 for the euro for the most of the week, however, yesterday’s increase in risk aversion caused its correction by PLN 0,03.

Marcin Lipka, Cinkciarz.pl analyst.

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