The euro rebounded today after the yesterday’s drop despite the forecasts about possible decline to parity with the U.S. dollar and the threat of the
The concerns remain, nevertheless. Unexpected Germany’s decision to ban naked short selling showed that the European Union’s nations don’t have the single policy to deal with the problems in the region. And without the unified strategy the
The analysts say that the European Union should choose between the fiscal unity, which would allow the European nations to intervene in each other’s budgets, and the disintegration of the
EUR/USD traded today near 1.2227 as of 3:52 GMT after opening at 1.2172. EUR/JPY traded at 110.08 down up from the opening price 109.43.
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