07/20/09 3:00 pm - Forex: EUR/USD keeps gains and stays above 1.4230

FXstreet.com (Córdoba) – The Euro is holding big gains achieved during the Asian session, but during the American the rally eased. EUR/USD is moving sideways in a range between 1.4200 and 1.4245. The pair is 0.81% above today’s opening price and if it closes above 1.4200 it will be the first time since June 2.

Against the Swiss Franc, the Euro lost most of previous gains during the American session. EUR/CHF is now attempting to get back above 1.5200. The pair reached an intra-day low at 1.5180 almost 50 pips away from intra-day high at 1.5225.

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