Friday, December 7, 2012

EUR/USD Dec. 7 – Extends Falls on Lower Bundesbank Forecasts, Before the NFP

EUR/USD took a tumble following remarks by ECB head Mario Draghi at a press conference in Brussels on Wednesday. Draghi was the bearer of bad news, saying that the ECB bank had revised downwards its forecast for growth in the Euro-zone, and that the bloc economy would likely shrink in 2012 and 2013. The euro quickly fell on the negative
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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