Mon, 16 Jul 2012 10:37:10 GMT
Euro stays at a record low, German bonds increase in value
On Monday morning, July 16, the Euro
reached three and a half year low against the British Pound. Worries
around the ECB and Mario Draghi's (President of ECB) statements make
situation around the European currency even more complex. The Euro
now is trading at GBP 0.7855 in London, which is a record low since
November 2008. Though German government bonds increased in prices.
10-year bonds gained