Euro might decline to the lowest level in 3 weeks

Note: This section contains information in English only.
Source: Bloomberg
The common currency might decline to a 3-week low versus the U.S. Dollar after falling below its 200-day MA, according to ING Groep NV. The Euro is poised for extending losses to $1.27 throughout next 2 weeks as the currency is approaching its 50-day MA at $1.2581. The Euro advanced 0.2% to $1.2888 at 12:52 London time after declining as much as 0.4% to $1.2804, below its 200-day MA at $1.2824.
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Tue, 02 Oct 2012 07:48:46 GMT

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