EURO SUMMARY: Opened in early Europe at $1.2923 Recovery attempts around the NY close continued into Asia, extending to $1.2924 before getting knocked back to $1.2910, but the dip quickly attracted fresh demand that saw rate edging toward resistance in the $1.2930/40 area. The move up seen driven via the crosses, demand in euro-Aussie and euro-yen the main pairs noted. The move up in the euro seen despite reports that the Troika is demanding that Greece increases the amount of spending cuts. Euro cross demand lifted the rate to $1.2954 in early Europe as the risk rally continued with a break of $1.3000 the target. Comments from EU officials that suggested Germany want to delay the decision on a Greek payment until November weighed on markets and the rate slipped to $1.2930. Spanish/French auctions that didn't disappoint gave the pair a brief lift, before settling around $1.2935 ahead of NY. Focus today on the ECB rate decision at 1145GMT ahead of the press conference at 1230GMT. No change in rates is widely expected.
source: Market News International (MNI) – A Deutsche Börse company
04.окт. 12:28:50
http://translate.google.bg/translate...-business.html
source: Market News International (MNI) – A Deutsche Börse company
04.окт. 12:28:50
http://translate.google.bg/translate...-business.html
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