Spain could reignite the European debt crisis

Published on in Foreign Exchange News by

Foreign Exchange Rate EUR/USD 1.3240-1.3284

Foreign Exchange Rate GBP/USD 1.5851-1.5880

Foreign Exchange Rate GBP/EUR 1.1951-1.1975

Market wise nothing overly exciting for the start of the week with the basis market very quiet. However Italy’s PM Mario Monti warned that Spain could reignite the European debt crisis ahead of the Euro Finance ministers meeting in Copenhagen this week (30th) where officials will prepare a deal to strengthen the regions firewall. Rising bond yields in Spain have had little impact on the Euro so far.

All major currencies traded in a tight range in the Far East today and the only data due today worth noting is the German IFO data.

Foreign Exchange Rate EUR/USD currently 1.3245. Support 1.3000, resistance 1.3300.

Foreign Exchange Rate GBP/USD currently 1.5841. Support 1.5700, resistance 1.6000.

Foreign Exchange Rate GBP/EUR currently 1.1966. Support 1.1850, resistance 1.2100

Recent Posts

» «

Comments are closed.

Live Currency Calculators

1 GBP = 1.13724 EUR

1 EUR = 0.8793 GBP

Change Currencies

Free Currency Calculators Mobile App

Best iTunes currency converter mobile app

Free iTunes Mobile AppiTunes currency calculator mobile app for free. Find live currency exchange rates for your iPhone or iPad.

Best Google Play currency converter mobile app

Free Google Play Mobile AppGoogle Play currency calculators mobile app for Android phone. Free on google play getting live interbank exchange rates.

© 2018 Currency Calculators : All Rights Reserved : Google Currency Calculators - Bing Currency Converter- Yahoo Currency Calculators