Fitch Downgrades Portugal To Junk, EURUSD Dips Below 1.3300

Source: Advanced Currency Markets |

G10 Advancers and Decliners vs USD
JPY 0.39
CHF 0.30
GBP -0.18
EUR -0.24
The FX market still has a sluggish feel to it today, and much of North America will likely remain out after the Thanksgiving holiday yesterday. The lack of participation has limited EURUSD’s losses over the past 24 hours, as the pair broke into fresh lows this morning, but has thus far not managed to extend the sell-off beyond 1.3299. The slowed rate of selling was certainly not due to a lack of…

Read More …

Like it? Digg It | Reddit | FB Share | Tweet It