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The euro gives up a chunk of its gains in the wake of the S&P downgrade of Greece, now +0.3% at $1.4353. Already lower on the day, European shares take a new leg down. Stoxx 50 -1.8%. Spanish shares take the biggest hit, -2.0%.
EURO still falling now down near 1.430 (support pivot there)
For the FXE, I'd say at best it test $141 and bounces, it's in a gap now as shown on the 60 Min.
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The euro gives up a
Overseas News
Posted by steve on 9th of May 2011 at 09:13 am
The euro gives up a chunk of its gains in the wake of the S&P downgrade of Greece, now +0.3% at $1.4353. Already lower on the day, European shares take a new leg down. Stoxx 50 -1.8%. Spanish shares take the biggest hit, -2.0%.
EURO still falling now down
Posted by steve on 9th of May 2011 at 09:15 am
EURO still falling now down near 1.430 (support pivot there)
any targets on Euro ????
Posted by hmatar on 9th of May 2011 at 09:28 am
For the FXE, I'd say
Posted by ditch on 9th of May 2011 at 09:38 am
For the FXE, I'd say at best it test $141 and bounces, it's in a gap now as shown on the 60 Min.
ule
Posted by hpope on 9th of May 2011 at 09:35 am