Tuesday, May 10, 2011

The euro / dollar fell on statements Nowotny against Greece - trader

The euro / dollar fell to an intraday low of 1.4298 after application of a member of the Governing Council of ECB's Ewald Nowotny to the underestimation of the international community problems in Greece, said a senior currency dealer Nomura Securities Hiroshi Maeba referring to agency Reuters. According to him, the pair may fall to 1.4250. At the time of this writing, the pair is trading at 1.4302.

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