Markets  |  August 16, 2012 09:42:16

Concerns about European currency

The euro fell yesterday in response to the concerns of the Greek withdrawal from the euro area . Concerns have been nurtured by Greek Prime Minister requests Antoise Samaras, European leaders to soften the conditions for support and "gave Greece two years to leave." Also preclude a request for further financial assistance.

Euro also helped speculation that the Swiss National Bank sold a larger number of common European currency in favor of the GBP. At the end of European trading session was recorded relatively positive U.S. data, which finally happened yesterday defeated the Euro currency.

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