Yesterday was a pretty volatile day for the Euro. Gains in the morning in the run up to the ECB announcement were quashed as Jean-Claude Trichet failed to announce an extension of the governments bond purchase. He even went so far as to say that the currency was “credible” and that it was not in [...]

Euro could recover further

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The Euro has managed to claw back some of its recent losses against the USD in the run up to the ECB announcement this afternoon…read more

The Euro’s orderly decline appears to have found a little support throughout yesterday and overnight, fluctuating either side of the 1.30 mark against the Dollar at intervals throughout the last 24 hours, though having plummeted so far this may be expected and could prove to be a temporary respite…read more

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