Monexnews-the Greenback knocked off position 3-month highs versus the Euro as traders assess if rally recently, triggered optimism over the US economy, has been too much. But analysts argue the u.s. currency if the outlook still remains positive given the u.s. economic prospects cerahnya. Us jobless claims surprisingly dwindled in the last week. In contrast to the growth prospects of the u.s., eurozone economic prospects seem increasingly worrying following the decline in employment amounted to 0.3% in the last 3 months in 2012.
"We are at the point where the Central Dollar needs some significant positive news to get even higher," said Omer Esiner, Chief market analyst at Commonwealth Foreign Exchange in Washington. "The market needs confirmation of the next data to support the optimism surrounding the US economic recovery." (vid)
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