05/31/09 2:41 pm - Euro ends week at the highest level of the year
FXstreet.com (Córdoba) – The weakness of the Dollar continue on Friday. Greenback lost all previous gains ending the week at the lowest level of the year. EUR/USD rallied for second day in a row reaching the highest level of the year at 1.4168. The last time the par closed above 1.4100 was on December 19 of last year. On Friday the pair rose more than 250 pips. The rally of the Euro ended during the American session but the pair was able to maintain its high level. During May EUR/USD has risen almost a thousand pips.
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