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 Eur/usd Faces Further Downside

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PostSubject: Eur/usd Faces Further Downside   Eur/usd Faces Further Downside Icon_minitimeFri Jun 22, 2012 12:54 pm

Eur/usd Faces Further Downside


Quotes from Barclays Capital:
-Market fears about the euroarea's problems are likely to remain elevated and we expect the ECB to become more proactive about protecting growth.
-EUR/USD therefore faces further downside, though the depreciation is likely to remain choppy.


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