EUR Cracks Reopen

Monitor Currency Exchange Rates

The poor demand at Spain's debt auction yesterday sparked fears of an escalation of the European debt crisis and weighed on the Euro. The focus has now shifted to French bond auctions and German industrial production data due later today. With an extended weekend ahead and crucial US non-farm payrolls due tomorrow, traders are likely to remain cautious in today’s trading session.

At home, monthly industrial production has revealed a rebound for February, following a series of strong PMI figures released earlier this week. Meanwhile, the BoE’s monetary policy meeting due later today is not expected to garner much market interest.

Company Details

EUR Cracks Reopen

Get a quick quote

Open Account with Currencies Direct

Currencies Direct are located at:
51 Moorgate,, Greater London,, , EC2 R6BH, United Kingdom

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not Share your details!

Bank Exchange Rates Comparison

High St Bank Exchange Rate

All Rights Reserved: Copyright 2006 - 2018 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882