posted by
fx360
1040 days ago
in USD, EUR, Daily
made popular 1040 days ago
High beta currencies went their separate ways in early morning European trade with euro falling below 1.2550 after Moody’s downgraded the debt of Portugal while cable rallied towards 1.5100 after CPI data printed hotter than expected. The euro was pressured after Moody’s lowered its rating on Portugal by 2 notches as it cited concerns that the