Monday 2 July 2012

EURO News: Under the USD 1.26 decline in euro





 


Moves downward against the USD, with investors reluctant to appear on the document the Finish government came to publicity and reports that Finland and the Netherlands will block the Summit decision to buy government bonds on the secondary market from the ESM.

Markets, despite strong gains recorded Friday seems now realize the truth, says analyst Nomura, Geoff Kendrick at Bloomberg. "All eyes now turn to the ECB meeting later in the week," he added.

Further, the EUR decreases by 0.49% against the USD and stands at $ 1.2596. Recall that at the end of last week the EUR had gained 1.8%.

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