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View Full Version : Forex: Euro Battered By Record-High Financing Costs, U.S. Dollar To Face Mixed Price



Charles
04-14-2011, 08:00 PM
The EUR/USD pared the overnight rally to 1.4513 as record-high financing costs in Europe increased the risk for contagion, and heightening fears surrounding the sovereign debt crisis could spur a near-term reversal in the exchange rate as policy makers struggle to restore investor confidence


More... (http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2011/04/14/04-14-11.html)