Colosseum a.s. (Colosseum a.s.)
Currencies  |  February 14, 2013 12:43:28

Deeper recession in Europe Deduct the price of the euro

ColosseumEUR / USD today falls by 1 percent to $ 1.3330 per 1 euro, which is the lowest price in the last three weeks. For the euro is an adverse statistics on the fall in GDP in the last quarter of 2012 in the euro area by 0.6% compared to the previous month of thrombocytopenia. They suspect Analysts -0.4%. In the whole of 2012 there was a reduction in economic activity by 0.5%. Very downside is that Germany, France and Italy, the three largest economies of Europe, recorded GDP slump.

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