Strengthening Dollar tracked by ADVFN in last 24 hours
‘The dollar strengthened, driving the euro to near a nine-month low’.(Bloomberg an hour ago.)
‘…the Euro’s revival is strictly temporary. Greece (and at least four other EU states) need help.’
Jim Reid, a strategist at Deutsche Bank AG in London, said today: “Either the EU has to give more detail, or the risk is that the market forces it out.” As well as Greece, Spain, Portugal and Ireland are struggling to reduce record deficits.