An interesting day of trading for the euro vs dollar, which finally saw the pair break above the psychological 1.3000 price point, finally breaching the 40 day moving average as a result. This was against the backdrop of shocking fundamental news from Europe and good news from the US, all of which was over shadowed by the comments from Goldman Sachs later in the day, which duly sent the US dollar plunging lower and adding further bearish pressure to the USD index as their comments reverberated around the forex markets. Watch the latest video for an update on today’s forex market reaction to both the technical and fundamental news stories and forecast for where the euro vs dollar is heading in the short and medium term. 

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