Euro Starts to Find Traction
On Wednesday, February 24, the euro was beginning to make gains against the U.S. dollar after losing quite a bit of strength over the last several days before this. In pre-U.S. trading hours, the euro gained some traction, then lost it right before the New York markets opened for business. After a few hours, though, the EUR/USD had risen by more than 20 pips, and was continuing to show signs of strength. The euro had made a lot of gains…