The euro fell to its lowest level since March 2006 in early Asia trading Monday amid ongoing speculation the European Central Bank will soon begin a program of quantitative easing to limit deflation risks, while growing uncertainty over Greece's future in the eurozone also weighed on confidence.Traders said there were no new triggers for the selling, which saw the euro drop to $1.1864, having earlier breached the psychologically key $1.20 level.
A report in Saturday's edition of German news magazine Der Spiegel cited unnamed sources saying the German government is confident the eurozone would cope with a Greek exit if it was needed.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment