Greek Finance Minister Evangelos Venizelos suggested that agreement on measures to resolve the European debt crisis at the coming European Union summit is “attainable”. These words boosted the euro.(...)
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The Reserve Bank of Australia released today minutes of its policy meeting on July 5 that indicated a robust economic growth in Australia and, thus, decreased probability if interest rates cuts. The Australian currency reacted positively to the minutes.(...)
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This week started with talks about the debt issues in Europe and, consequently, the euro dropped, posting the biggest intraday decline against the US dollar in almost a week.(...)
Read the rest of Bad Monday for Euro (133 words)