21:00 GMT- Jan 14 (global-view.com) Trading

21:00 GMT- Jan 14 (global-view.com) Trading in the key EURUSD pair centered around the newly-neutral 1.4500 level on Thursday. The trading range was pretty much equally distributed around that price. No market-moving information was forthcoming from the European Central Bank policy decision. Interestingly when asked if the euro was too strong,




Mr. Trichet answered by quoting Mr. Bernanke and Geithner that the U.S. believes in a strong USD. By inference, this implied that he was not pushing for a stronger euro. Nothing it what he said suggested that the ECB would be driving the euro lower but his comments did undermine EURUSD support.