{"id":15523,"date":"2010-11-17T16:51:15","date_gmt":"2010-11-17T21:51:15","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=15523"},"modified":"2010-11-17T16:51:15","modified_gmt":"2010-11-17T21:51:15","slug":"forex-euro-edges-higher-vs-dollar-eurusd-trades-near-1-3500-level","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/17\/forex-euro-edges-higher-vs-dollar-eurusd-trades-near-1-3500-level\/","title":{"rendered":"Forex &#8211; Euro edges higher vs Dollar. EUR\/USD trades near 1.3500 level"},"content":{"rendered":"<p><strong>By CountingPips.com<\/strong><\/p>\n<p>The euro has increased slightly against the US dollar today in forex trading following two days of declines. The EUR\/USD currency pair opened the day at the 1.3506 exchange rate, touched an intraday high of 1.3566 and has come down to currently trading at the 1.3523 level for a modest rise for the day.<\/p>\n<p>The European common currency has been on a recent negative downtrend against the dollar since touching a high point for the year asIreland&#8217;s banking and sovereign debt vulnerabilities have been spotlighted and taken their toll. The EUR\/USD currency pair is down to the 1.3500 exchange level from the high above 1.4200 in early November for a decline of approximately 700 pips in the span of two weeks.<\/p>\n<p>Today&#8217;s news has revealed that England has offered their help to Ireland while European commission and IMF officials traveled to Ireland to discuss a potential bailout.<\/p>\n<p><strong>EUR\/USD<\/strong> &#8211; The Euro rebounding very slightly in today&#8217;s trading after two days of declines and after falling through the 50-day simple moving average yesterday.<\/p>\n<p><a href=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2010\/11\/EURUSD-11-17.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-15524\" title=\"EURUSD-11-17\" src=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2010\/11\/EURUSD-11-17.jpg\" alt=\"\" width=\"590\" height=\"596\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The euro has increased slightly against the US dollar today in forex trading following two days of declines. The EUR\/USD currency pair opened the day at the 1.3506 exchange rate&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15523","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=15523"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15523\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=15523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=15523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=15523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}