Euro being hurt by increased worries over Eastern Europe

Source: www.forexlive.com

The euro is being hurt by increased worries over Eastern Europe. Reports in Handelsblatt that IMF is discussing aid programmes with at least 10 Eastern European governments. Countries applying for loans for the first time include Bulgaria, Croatia and Macedonia. Stops have been triggered in EUR/USD below 1.3940 and we’re presently at 1.3920.


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