Euro, British Pound Falter Despite Improvements in Fundamental Outlook (DailyFX)
Fears surrounding the European debt crisis paired with the weakened outlook for Spain’s banking sector continued to weigh on market sentiment, leading the single-currency to extend the previous day’s decline against the greenback, with the exchange rate slipping to a low of 1.2180 during the overnight trade.
Posted: May 26th, 2010
at 1:34am by Arif
Tagged with 1 2180, banking, banking sector, British, british pound, crisis, DailyFX, Day, debt, debt crisis, decline, Euro, Exchange, exchange rate, Falter, fears, Fundamental, greenback, improvements, low, market, market sentiment, Outlook, Pound, Rate, sector, sentiment, single currency, Spain, Trade
Categories: Currency (FX)
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::NYTIMES::
::TIMES::
::AMITABH BACHCHAN::
::SHAH RUKH KHAN::
::SONAM KAPOOR::
::IMRAN KHAN::
::PRIYANKA CHOPRA::
::AYESHA TAKIA::
::GUL PANANG::
::MALLIKA SHERAWAT::
::SHREYA GHOSHAL::
::AKSHAY KUMAR::
::MAHESH BHATT::
::KARAN JOHAR::
::BARACK OBAMA::