The ongoing Irish crisis, with all its very wide collateral effect is taking its toll – Euro/Dollar fell to a two month low. There were too many negative remarks about the future of the Euro that added to the drop as well. EUR/USD now trades at 1.3420, under last week’s low of 1.3450 and under the 1.3440 support line to a two month low. Next levels below are 1.3334, which was a peak in August, followed by 1.3267 and 1.3114. Above we have 1.3530 and 1.3640. See more levels and a full analysis in the EUR USD forecast. The Irish government is hardly holding on to power, as political anger grows on the EU / IMF deal. Spain’s bond auction fell short of expectations – raising less capital than expected and getting yields which were double the previous yields. Add higher spreads between benchmark German bonds and between both Spanish and Portuguese bonds, a note from both Rehn and Merkel that the Euro is endangered, the North Korean attack, and you have all the reasons for a falling Euro – internal and external problems combined… The release of a slightly weaker-than-expected US Existing Home Sales figure, didn’t help the Euro either. The annual figure of 4.43 million compared with 4.51 that was predicted didn’t cushion the fall. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Forex Daily Outlook – November 24 2010 Anat Dror 12 years The ongoing Irish crisis, with all its very wide collateral effect is taking its toll - Euro/Dollar fell to a two month low. There were too many negative remarks about the future of the Euro that added to the drop as well. EUR/USD now trades at 1.3420, under last week's low of 1.3450 and under the 1.3440 support line to a two month low. Next levels below are 1.3334, which was a peak in August, followed by 1.3267 and 1.3114. Above we have 1.3530 and 1.3640. See more levels and a full analysis in the EUR USD forecast. The Irish… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.