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 Euro Slides To New Multi-month Low Against Australian Dollar

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PostSubject: Euro Slides To New Multi-month Low Against Australian Dollar   Euro Slides To New Multi-month Low Against Australian Dollar Icon_minitimeThu Jun 28, 2012 1:50 pm

Euro Slides To New Multi-month Low Against Australian Dollar


After leveling off in the Asian session, the euro resumed yesterday's downtrend against its Australian counterpart in early European deals Thursday following the downbeat German job report.
The euro reached 1.2332 against the aussie around 4:20 am ET, its lowest level since March 5. The next probable support for the euro-aussie pair is seen around the 1.2280 level.


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