Euro forecasts: ECB keeps patience
Euro keeps falling
In brief: Euro forecasts remain negative until the end of the year.LiteForex analysts note that for today morning the European currency has reached new minimum. Now the correlation EUR/USD is on 1.2516. The forecasts to the end of the day are still negative: 1.248-1.272.
Thus, it is the real threat to the Greek economy and Eurozone in a whole. Euro forecasts remain negative until the end of the year. European Central Bank (ECB), however, tries its best to regulate the situation. Today ECB has reduced buying Spanish and Portugal state bonds. It is that ECB is sure of stabile economic situation in these countries.
Maria Velikanova2010-05-14 08:39, Currency news.
News on: currency, euro, European Central Bank, portugal