After an impressive movement in the last few days, euro euro gave some of their positions. Several factors played a role, including confirmation from Moody's, that it lowers the credit rating of Spain by one point from Aaa to Aa1, and announcements from the Bank of Ireland, that banks Anglo Irish and Allied Irish might need additional capital is 14.4 billion euros.
Another powerful moment was the sale of euros for pounds, with the fall cross EUR / GBP to 0.8580 from 0.8650 yesterday. Pound slightly helped recent data from Nationwide, which showed that house prices rose slightly this month. As a result, the cable touched 1.5850 in early trading in London, while the euro went below 1.36
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