Market news
20.12.2012, 11:00

EUR/USD: Euro rose to 1.3250 after Greece announced the completion of transactions to repurchase debt

 

 

EUR / USD down during the Asian session, testing the 1.32 before you begin to recover from yesterday's fall on risk aversion. Sharp rally took place before the opening of the European session. Pair reached 1.3236 high on data on producer prices and import prices in Germany.

Both figures Germany - producer price index and the price index for imports - came below expectations: 1.4% m / m 1.1 m% y / y The Greek government has announced the completion of the transactions to repurchase debt of € 31.9 billion

After a brief period of consolidation EUR / USD moves back to new highs, reaching 1.3250 already.


 

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